£501,187
This estimated value is based upon the latest sale price for the house of £218,000 on 26 Sep 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 26 Sep 2003 |
| 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 September 2003 the House Price Index for LINCOLNSHIRE was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £218,000 results in an estimated price of approximately £501,187.
| 26 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £218,000 | £283,187 | £501,187 |
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 | 99.443 % | £216,785 | £434,785 |
| 3 Month Average | 104.758 % | £228,372 | £446,372 |
| 6 Month Average | 101.185 % | £220,584 | £438,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £222,000 | £222,000 | LITTLEWORTH COTTAGE NEW ROAD |
| 29 Sep 2023 | £240,297 | £235,000 | LONGVIEW NEW ROAD |
| 3 Mar 2023 | £330,520 | £325,000 | 16 BARLEY GROVE |
| 9 Feb 2023 | £191,227 | £189,950 | 5 WREN CLOSE |
| 5 Jan 2023 | £245,656 | £245,000 | 9 CORNFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Nicholas Way |
| Oct 2024 | Anti-social behaviour | On or near Farmhouse Drive |