£890,933
This estimated value is based upon the latest sale price for the house of £715,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £715,000 | 23 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £715,000 results in an estimated price of approximately £890,933.
| 23 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £715,000 | £175,933 | £890,933 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 37.567 % | £268,603 | £983,603 |
| 3 Month Average | 17.969 % | £128,477 | £843,477 |
| 6 Month Average | 21.248 % | £151,921 | £866,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £292,423 | £285,000 | 2 QUEEN STREET |
| 3 Nov 2023 | £613,575 | £598,000 | 25 NEW CROSS ROAD |
| 30 Oct 2023 | £690,687 | £675,000 | 27 NEW CROSS ROAD |
| 30 Aug 2023 | £330,969 | £325,000 | 3 COALVILLE COTTAGES |
| 15 Aug 2023 | £784,143 | £770,000 | CHERRY TREE HOUSE NEW CROSS ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 1 May 2018. Using an estimated price of £890,933 means this house is valued at £5,271 per sq meter (£489 per sq foot).
The average size of a house on PRINCES ROAD is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Emlyns Street |
| Oct 2024 | Anti-social behaviour | On or near Princes Road | |
| Aug 2024 | Anti-social behaviour | On or near Princes Road | |
| Aug 2024 | Anti-social behaviour | On or near Princes Road | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Princes Road |