£345,924
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 30 Jan 2023 |
| £299,950 | 9 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £345,000 results in an estimated price of approximately £345,924.
| 30 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £345,000 | £924 | £345,924 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | -8.758 % | £-30,216 | £314,783 |
| 3 Month Average | 1.778 % | £6,134 | £351,134 |
| 6 Month Average | -3.075 % | £-10,608 | £334,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £138,705 | £137,500 | 23 TORKINGTON GARDENS |
| 25 Oct 2023 | £184,183 | £180,000 | 14 TORKINGTON GARDENS |
| 4 Sep 2023 | £150,314 | £147,000 | 26 TORKINGTON GARDENS |
| 16 Aug 2023 | £137,480 | £135,000 | 33 NEWCOMB COURT SCOTGATE |
| 24 Mar 2023 | £85,427 | £84,000 | 40 NEWCOMB COURT SCOTGATE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Aug 2018. Using an estimated price of £345,924 means this house is valued at £4,378 per sq meter (£406 per sq foot).
The average size of a house on SCOTGATE is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Scotgate |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Scotgate |
| Sep 2024 | Public order | Under investigation | On or near Supermarket |
| Sep 2024 | Public order | Under investigation | On or near Supermarket |
| Sep 2024 | Other crime | Under investigation | On or near Supermarket |