£215,067
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Jan 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2007 the House Price Index for LINCOLNSHIRE was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £130,000 results in an estimated price of approximately £215,067.
| 26 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £130,000 | £85,067 | £215,067 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 76.696 % | £99,704 | £229,704 |
| 3 Month Average | 54.522 % | £70,878 | £200,878 |
| 6 Month Average | 53.014 % | £68,918 | £198,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £230,000 | £230,000 | 2 CANTERBURY CLOSE |
| 25 Aug 2023 | £189,416 | £186,000 | 180 PENNYGATE |
| 7 Jul 2022 | £156,569 | £155,000 | 24 CARRINGTON ROAD |
| 8 Jun 2022 | £199,259 | £195,000 | 3 CANTERBURY CLOSE |
| 21 Mar 2022 | £185,820 | £178,000 | 202 PENNYGATE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Mar 2020. Using an estimated price of £215,067 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on PENNYGATE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pennygate |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennygate |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pennygate |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennygate |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pennygate |