£160,465
This estimated value is based upon the latest sale price for the house of £158,000 on 27 Mar 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,000 | 27 Mar 2024 |
| £89,500 | 26 Mar 2013 |
| £34,000 | 17 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2024 the House Price Index for LINCOLNSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £158,000 results in an estimated price of approximately £160,465.
| 27 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £158,000 | £2,465 | £160,465 |
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 | -37.314 % | £-58,956 | £99,043 |
| 3 Month Average | 0.986 % | £1,558 | £159,558 |
| 6 Month Average | 1.115 % | £1,761 | £159,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £218,000 | £218,000 | 52 CROWN DRIVE |
| 27 Mar 2024 | £160,465 | £158,000 | 168 ROMAN BANK |
| 14 Dec 2023 | £270,822 | £262,500 | 57 HOLBEACH ROAD |
| 29 Nov 2023 | £143,646 | £140,000 | 4 CASTLE CLOSE |
| 28 Nov 2023 | £188,792 | £184,000 | 3 CASTLE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 May 2012. Using an estimated price of £160,465 means this house is valued at £2,005 per sq meter (£186 per sq foot).
The average size of a house on ROMAN BANK is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Roman Bank |
| Oct 2024 | Other theft | Under investigation | On or near Roman Bank |
| Sep 2024 | Anti-social behaviour | On or near Roman Bank | |
| Sep 2024 | Anti-social behaviour | On or near Roman Bank | |
| Sep 2024 | Anti-social behaviour | On or near Roman Bank |