£385,418
This estimated value is based upon the latest sale price for the house of £330,000 on 3 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 3 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £330,000 results in an estimated price of approximately £385,418.
| 3 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £330,000 | £55,418 | £385,418 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 66.774 % | £220,352 | £550,352 |
| 3 Month Average | 14.563 % | £48,056 | £378,056 |
| 6 Month Average | 14.646 % | £48,330 | £378,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £265,861 | £260,000 | 51 RUTLAND ROAD |
| 20 Jun 2022 | £459,829 | £450,000 | 2 BERRYBUT WAY |
| 6 May 2022 | £405,566 | £395,000 | 9 BERRYBUT WAY |
| 3 Feb 2022 | £340,179 | £322,000 | 5 LOSECOAT CLOSE |
| 31 Jan 2022 | £360,467 | £340,000 | 12 TURNPOLE CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Aug 2019. Using an estimated price of £385,419 means this house is valued at £3,816 per sq meter (£354 per sq foot).
The average size of a house on TURNPOLE CLOSE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Turnpole Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Turnpole Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Turnpole Close |
| Jul 2024 | Robbery | Under investigation | On or near Losecoat Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Rutland Road |