£135,480
This estimated value is based upon the latest sale price for the house of £100,000 on 4 Jan 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 4 Jan 2016 |
| £62,000 | 1 Nov 2002 |
| £28,000 | 11 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 January 2016 the House Price Index for LINCOLNSHIRE was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £100,000 results in an estimated price of approximately £135,480.
| 4 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £100,000 | £35,480 | £135,480 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | 19.540 % | £19,539 | £119,539 |
| 3 Month Average | 21.981 % | £21,980 | £121,980 |
| 6 Month Average | 32.009 % | £32,009 | £132,009 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 20 Apr 2016.
There is one other house on the street which we know the size of, this is 1 THE CLOSE it is 71.94
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Schrimshaw Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Schrimshaw Court |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Westfield Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Drive |
| Feb 2024 | Drugs | Under investigation | On or near Westfield Drive |