£181,093
This estimated value is based upon the latest sale price for the house of £155,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 2 Oct 2020 |
| Semi-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 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £155,000 results in an estimated price of approximately £181,093.
| 2 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £155,000 | £26,093 | £181,093 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 8.894 % | £13,786 | £168,786 |
| 3 Month Average | 22.494 % | £34,865 | £189,865 |
| 6 Month Average | 18.838 % | £29,199 | £184,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £150,918 | £150,000 | 24 WIGNALS GATE |
| 16 Mar 2023 | £246,332 | £245,000 | 17 JOHN HARRISON WAY |
| 2 Aug 2022 | £392,349 | £395,000 | 13 SPINNEY CLOSE |
| 29 Jun 2022 | £292,969 | £290,000 | 17 CRANMORE LANE |
| 21 Mar 2022 | £634,728 | £615,000 | CRANMORE HOUSE CRANMORE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spinney Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Forest Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forest Way |
| Jan 2024 | Anti-social behaviour | On or near Forest Way | |
| Jan 2024 | Anti-social behaviour | On or near Forest Way |