£296,739
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 31 Oct 2023 |
| £269,000 | 8 Jun 2020 |
| £249,950 | 26 Jan 2016 |
| Terraced |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 October 2023 the House Price Index for LINCOLNSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £290,000 results in an estimated price of approximately £296,739.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £290,000 | £6,739 | £296,739 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 6.619 % | £19,196 | £309,196 |
| 3 Month Average | 18.562 % | £53,829 | £343,829 |
| 6 Month Average | 4.871 % | £14,125 | £304,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £203,121 | £200,000 | 5 THE CROFT |
| 31 Oct 2023 | £296,740 | £290,000 | 20 THE CROFT |
| 6 Apr 2023 | £315,909 | £310,000 | 3 THE CROFT |
| 24 Mar 2023 | £147,463 | £145,000 | 24A THE CROFT |
| 17 Mar 2023 | £162,717 | £160,000 | 37 MAPLE GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 24 Jan 2014. Using an estimated price of £296,740 means this house is valued at £2,853 per sq meter (£265 per sq foot).
The average size of a house on THE CROFT is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Charles Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Charles Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Gardens |
| Oct 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Sep 2024 | Anti-social behaviour | On or near Queen'S Road |