£214,218
This estimated value is based upon the latest sale price for the house of £118,000 on 15 Dec 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 15 Dec 2005 |
| £41,950 | 4 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 641 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 December 2005 the House Price Index for LINCOLNSHIRE was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £118,000 results in an estimated price of approximately £214,218.
| 15 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £118,000 | £96,218 | £214,218 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 68.225 % | £80,505 | £198,505 |
| 3 Month Average | 46.038 % | £54,325 | £172,325 |
| 6 Month Average | 46.927 % | £55,374 | £173,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £139,713 | £138,500 | 14 LIME GROVE |
| 20 Sep 2023 | £126,437 | £123,650 | 48B RIDER GARDENS |
| 26 Jun 2023 | £134,699 | £132,000 | 13 LIME GROVE |
| 5 Jun 2023 | £285,726 | £280,000 | 8 YEW TREE GROVE |
| 10 Feb 2023 | £191,278 | £190,000 | 1 ALDER GROVE |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 2 Jul 2010. Using an estimated price of £214,218 means this house is valued at £3,594 per sq meter (£333 per sq foot).
The average size of a house on CHESTNUT ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |
| Jul 2024 | Anti-social behaviour | On or near Alder Grove | |
| Jun 2024 | Bicycle theft | Under investigation | On or near Maple Road |