£276,993
This estimated value is based upon the latest sale price for the house of £230,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 3 Jul 2020 |
| £58,000 | 18 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £230,000 results in an estimated price of approximately £276,993.
| 3 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £230,000 | £46,993 | £276,993 |
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 | -12.209 % | £-28,080 | £201,919 |
| 3 Month Average | -4.351 % | £-10,007 | £219,992 |
| 6 Month Average | 11.425 % | £26,276 | £256,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,432 | £187,000 | 22 KINGS AVENUE |
| 8 Aug 2023 | £261,088 | £259,500 | 1A TOWELL CLOSE |
| 23 Jun 2023 | £234,401 | £232,500 | 34 KINGS AVENUE |
| 9 Nov 2022 | £191,888 | £195,000 | 53 KINGS CRESCENT |
| 12 Jul 2022 | £189,744 | £190,000 | 54 KINGSWAY |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 12 Apr 2018. Using an estimated price of £276,994 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on KINGS CRESCENT is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Towell Close |
| Apr 2024 | Public order | Under investigation | On or near Valentine Close |