£248,283
This estimated value is based upon the latest sale price for the house of £82,500 on 30 Apr 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 30 Apr 2002 |
| £42,500 | 22 Nov 1996 |
| 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 April 2002 the House Price Index for LINCOLNSHIRE was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £82,500 results in an estimated price of approximately £248,283.
| 30 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £82,500 | £165,783 | £248,283 |
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 | 202.249 % | £166,855 | £249,355 |
| 3 Month Average | 176.426 % | £145,551 | £228,051 |
| 6 Month Average | 169.838 % | £140,116 | £222,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £243,019 | £237,500 | 13 NEEDHAM DRIVE |
| 23 Jan 2023 | £238,638 | £238,000 | 127 CHAPELGATE |
| 30 Nov 2022 | £248,836 | £250,000 | 8 NEEDHAM DRIVE |
| 23 Nov 2022 | £189,111 | £189,995 | 38 BAULKINS DROVE |
| 25 Aug 2022 | £264,236 | £263,000 | 25 CHAPELGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Needham Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Needham Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Festival Square |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Draw Dike |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Baulkin'S Drove |