£218,687
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Oct 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 27 Oct 2014 |
| £49,500 | 16 Nov 1995 |
| 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 October 2014 the House Price Index for LINCOLNSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £145,000 results in an estimated price of approximately £218,687.
| 27 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £145,000 | £73,687 | £218,687 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 58.314 % | £84,555 | £229,555 |
| 3 Month Average | 42.184 % | £61,166 | £206,166 |
| 6 Month Average | 45.418 % | £65,855 | £210,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £237,291 | £230,000 | 36 WELBY DRIVE |
| 9 Jun 2023 | £130,618 | £128,000 | 101 HIGH STREET |
| 26 Apr 2022 | £191,923 | £185,000 | 17 WELBY DRIVE |
| 17 Dec 2021 | £124,120 | £115,000 | 5 WESTHORPE ROAD |
| 30 Sep 2021 | £197,574 | £182,000 | 91 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Street |
| Aug 2024 | Anti-social behaviour | On or near Church Street |