£252,576
This estimated value is based upon the latest sale price for the house of £158,000 on 28 Apr 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,000 | 28 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in April 2008 the House Price Index for LINCOLNSHIRE was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £158,000 results in an estimated price of approximately £252,576.
| 28 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £158,000 | £94,576 | £252,576 |
The Postcode Pricing Model uses changes in average sales price within the PE21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 34.094 % | £53,868 | £211,868 |
| 3 Month Average | 44.388 % | £70,133 | £228,133 |
| 6 Month Average | 37.695 % | £59,558 | £217,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £523,000 | £523,000 | SKIRBECK HOUSE RAWSONS LANE |
| 21 Nov 2023 | £66,052 | £64,375 | 66 HORNCASTLE ROAD |
| 3 Nov 2023 | £225,730 | £220,000 | 152 WILLOUGHBY ROAD |
| 13 Oct 2023 | £253,252 | £247,500 | 8 THE MOORINGS |
| 29 Aug 2023 | £269,867 | £265,000 | 161 WILLOUGHBY ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 14 Aug 2018. Using an estimated price of £252,577 means this house is valued at £1,530 per sq meter (£142 per sq foot).
The average size of a house on HORNCASTLE ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Horncastle Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Moorings |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Moorings |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Moorings |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Moorings |