£152,954
This estimated value is based upon the latest sale price for the house of £142,000 on 4 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 4 Nov 2021 |
| £92,000 | 19 Jun 2006 |
| £87,500 | 30 Jul 2004 |
| £69,000 | 28 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £142,000 results in an estimated price of approximately £152,954.
| 4 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £142,000 | £10,954 | £152,954 |
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 | -25.206 % | £-35,792 | £106,207 |
| 3 Month Average | -8.041 % | £-11,417 | £130,582 |
| 6 Month Average | -6.918 % | £-9,823 | £132,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £114,160 | £112,000 | 31 HURLE CRESCENT |
| 17 Nov 2023 | £248,186 | £245,000 | 2 HESSLE GARDENS |
| 28 Jul 2022 | £119,838 | £120,000 | 29 COTTON ROAD |
| 18 Jul 2022 | £144,804 | £145,000 | 61 INGRAM ROAD |
| 26 Apr 2022 | £123,077 | £120,000 | 35 COTTON ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 May 2017. Using an estimated price of £152,955 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on COTTON ROAD is 112 sq meters (1,207 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cotton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cotton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cotton Road |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Cotton Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cotton Road |