£264,114
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Minster Court
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Feb 2022 |
| £178,750 | 10 Oct 2006 |
| £168,500 | 16 Sep 2003 |
| £133,000 | 3 Dec 2002 |
| £96,500 | 30 Mar 2001 |
| 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 February 2022 the House Price Index for LINCOLNSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £250,000 results in an estimated price of approximately £264,114.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £250,000 | £14,114 | £264,114 |
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 | -7.898 % | £-19,746 | £230,253 |
| 3 Month Average | -18.541 % | £-46,353 | £203,646 |
| 6 Month Average | -8.698 % | £-21,745 | £228,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £258,979 | £255,000 | 7 SKELTON DRIVE |
| 9 Nov 2023 | £266,772 | £260,000 | 12 SKELTON DRIVE |
| 21 Apr 2023 | £219,098 | £215,000 | 33 LANCASTER DRIVE |
| 31 Mar 2023 | £244,076 | £240,000 | 12 CHURCH GREEN |
| 2 Aug 2022 | £326,527 | £325,000 | 9 SKELTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Minster Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minster Court |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Minster Court |
| Jun 2024 | Burglary | Under investigation | On or near Minster Court |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |