£251,658
This estimated value is based upon the latest sale price for the house of £202,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £202,000 | 5 Apr 2019 |
| £162,000 | 15 Aug 2003 |
| £68,000 | 23 Oct 1998 |
| 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 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £202,000 results in an estimated price of approximately £251,658.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £202,000 | £49,658 | £251,658 |
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 | 20.778 % | £41,972 | £243,972 |
| 3 Month Average | 23.946 % | £48,371 | £250,371 |
| 6 Month Average | 21.707 % | £43,848 | £245,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £150,000 | £150,000 | 16 ALBION STREET |
| 4 Apr 2024 | £216,883 | £215,000 | 9 ALBION STREET |
| 16 Oct 2023 | £491,155 | £480,000 | 53 FLEET ROAD |
| 10 Oct 2023 | £102,324 | £100,000 | 12B HOLBEACH HOUSE ORCHARD PARK |
| 23 Jun 2023 | £245,928 | £241,000 | 60 FLEET ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Street |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near B1515 |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |