£237,870
This estimated value is based upon the latest sale price for the house of £137,000 on 22 Nov 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,000 | 22 Nov 2011 |
| 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 November 2011 the House Price Index for LINCOLNSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £137,000 results in an estimated price of approximately £237,870.
| 22 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £137,000 | £100,870 | £237,870 |
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 | 56.199 % | £76,992 | £213,992 |
| 3 Month Average | 63.155 % | £86,523 | £223,523 |
| 6 Month Average | 67.980 % | £93,133 | £230,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £573,646 | £561,000 | ELM TREE FARM GOSBERTON BANK |
| 24 Aug 2023 | £203,623 | £199,950 | 5 NEWLANDS ROAD |
| 27 Mar 2023 | £233,906 | £230,000 | TULIP COTTAGE WIGTOFT BANK |
| 9 Feb 2023 | £196,311 | £195,000 | AUTUMN LODGE SPALDING ROAD |
| 2 Aug 2022 | £462,161 | £460,000 | SMITHFIELD SCOLDHALL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gosberton Bank |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gosberton Bank |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Boston Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burtoft Lane |