£115,153
This estimated value is based upon the latest sale price for the house of £113,000 on 24 Apr 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £113,000 | 24 Apr 2023 |
| £83,500 | 18 Jun 2004 |
| £29,750 | 2 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2023 the House Price Index for LINCOLNSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £113,000 results in an estimated price of approximately £115,153.
| 24 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £113,000 | £2,153 | £115,153 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | -22.270 % | £-25,164 | £87,835 |
| 3 Month Average | -0.199 % | £-225 | £112,774 |
| 6 Month Average | -2.348 % | £-2,652 | £110,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £186,363 | £183,500 | 49 HORNCASTLE ROAD |
| 23 Oct 2023 | £99,766 | £97,500 | 72 NORFOLK STREET |
| 17 Oct 2023 | £110,510 | £108,000 | 16 HORNCASTLE ROAD |
| 4 Oct 2023 | £107,440 | £105,000 | 6 GRAND SLUICE LANE |
| 24 Apr 2023 | £115,154 | £113,000 | 17 GRAND SLUICE LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Nov 2016. Using an estimated price of £115,154 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on GRAND SLUICE LANE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Aug 2024 | Anti-social behaviour | On or near Grand Sluice Lane | |
| Aug 2024 | Anti-social behaviour | On or near Grand Sluice Lane | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grand Sluice Lane |
| Aug 2024 | Other theft | Under investigation | On or near Grand Sluice Lane |