£179,597
This estimated value is based upon the latest sale price for the house of £170,000 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 7 Feb 2022 |
| £135,000 | 8 Feb 2017 |
| £59,950 | 24 Nov 2000 |
| £53,000 | 28 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 February 2022 the House Price Index for LINCOLNSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £170,000 results in an estimated price of approximately £179,597.
| 7 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £170,000 | £9,597 | £179,597 |
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 | 20.563 % | £34,956 | £204,956 |
| 3 Month Average | 2.248 % | £3,821 | £173,821 |
| 6 Month Average | 4.673 % | £7,943 | £177,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £128,963 | £125,000 | 41 HIGH STREET |
| 31 Aug 2023 | £150,667 | £147,950 | 46 COMMERCIAL ROAD |
| 31 Aug 2023 | £188,398 | £185,000 | 2A OSIER ROAD |
| 15 Aug 2023 | £133,406 | £131,000 | 52 COMMERCIAL ROAD |
| 1 Mar 2023 | £198,312 | £195,000 | 24 COMMERCIAL ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Mar 2017. Using an estimated price of £179,598 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on COMMERCIAL ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Marine Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Marine Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marine Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Marine Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Marine Road |