£357,157
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 2 Jun 2023 |
| £86,500 | 14 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £350,000 results in an estimated price of approximately £357,157.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £350,000 | £7,157 | £357,157 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 26.216 % | £91,755 | £441,755 |
| 3 Month Average | 20.521 % | £71,823 | £421,823 |
| 6 Month Average | 3.610 % | £12,635 | £362,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £244,408 | £240,000 | 5 DERBY CLOSE |
| 25 Aug 2023 | £224,041 | £220,000 | 29 CHICHESTER CLOSE |
| 27 Jun 2023 | £362,260 | £355,000 | 33 IPSWICH GARDENS |
| 2 Jun 2023 | £357,157 | £350,000 | 21 PETERBOROUGH CLOSE |
| 3 Apr 2023 | £392,338 | £385,000 | 27 IPSWICH GARDENS |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 11 Aug 2015. Using an estimated price of £357,157 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on PETERBOROUGH CLOSE is 123 sq meters (1,329 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peterborough Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chichester Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chichester Close |
| Aug 2024 | Other crime | Under investigation | On or near St Albans Close |
| Aug 2024 | Anti-social behaviour | On or near Tattershall Close |