£132,475
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 27 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £110,000 results in an estimated price of approximately £132,475.
| 27 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £110,000 | £22,475 | £132,475 |
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 | -12.209 % | £-13,429 | £96,570 |
| 3 Month Average | -4.351 % | £-4,786 | £105,213 |
| 6 Month Average | 11.425 % | £12,567 | £122,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £75,613 | £75,000 | 12 THREADNEEDLE STREET |
| 11 Apr 2023 | £121,906 | £121,000 | 1 MAIN RIDGE WEST |
| 19 Aug 2022 | £106,779 | £107,500 | 46 PEN STREET |
| 22 Apr 2022 | £82,051 | £80,000 | 5 PEN STREET |
| 31 Mar 2022 | £103,208 | £100,000 | 7 - 9 PEN STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Sep 2021. Using an estimated price of £132,475 means this house is valued at £1,077 per sq meter (£100 per sq foot).
The average size of a house on MAIN RIDGE WEST is 142 sq meters (1,533 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Main Ridge West |
| Mar 2024 | Anti-social behaviour | On or near Main Ridge West | |
| Mar 2024 | Anti-social behaviour | On or near Main Ridge West | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rason'S Court |
| Mar 2024 | Anti-social behaviour | On or near Rason'S Court |