£573,227
This estimated value is based upon the latest sale price for the house of £480,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 7 Aug 2020 |
| £235,000 | 31 Jan 2006 |
| £142,000 | 31 Aug 2001 |
| Detached |
| Freehold |
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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £480,000 results in an estimated price of approximately £573,227.
| 7 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £480,000 | £93,227 | £573,227 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | -2.941 % | £-14,117 | £465,882 |
| 3 Month Average | 29.593 % | £142,045 | £622,045 |
| 6 Month Average | 27.710 % | £133,007 | £613,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £388,814 | £387,500 | 113 EASTGATE |
| 3 Nov 2023 | £430,527 | £425,000 | 155A EASTGATE |
| 3 Nov 2023 | £238,056 | £235,000 | PLOT 4 OSIER FARM, 141B EASTGATE |
| 24 Aug 2023 | £432,631 | £430,000 | 165 EASTGATE |
| 30 Jun 2023 | £398,229 | £395,000 | 22 LOCKS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Lane |
| Mar 2024 | Other theft | Under investigation | On or near Station Road |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Locks Close |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Locks Close |
| Apr 2024 | Anti-social behaviour | On or near Stephens Way |