£405,555
This estimated value is based upon the latest sale price for the house of £365,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £365,000 | 11 Aug 2021 |
| £203,500 | 25 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £365,000 results in an estimated price of approximately £405,555.
| 11 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £365,000 | £40,555 | £405,555 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | -9.126 % | £-33,310 | £331,689 |
| 3 Month Average | -3.103 % | £-11,325 | £353,674 |
| 6 Month Average | 6.490 % | £23,687 | £388,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £287,722 | £285,000 | 49 THE CROFT |
| 6 Apr 2023 | £312,321 | £310,000 | 3 THE CROFT |
| 24 Mar 2023 | £145,788 | £145,000 | 24A THE CROFT |
| 17 Mar 2023 | £160,870 | £160,000 | 37 MAPLE GARDENS |
| 26 Jan 2023 | £569,993 | £575,000 | 14 MILL DROVE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 5 Aug 2020. Using an estimated price of £405,556 means this house is valued at £3,095 per sq meter (£287 per sq foot).
The average size of a house on GALLETLY CLOSE is 202 sq meters (2,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Queen'S Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Charles Close |
| Feb 2024 | Anti-social behaviour | On or near Harrington Street | |
| Feb 2024 | Anti-social behaviour | On or near Harrington Street |