£391,672
This estimated value is based upon the latest sale price for the house of £375,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 4 Feb 2022 |
| £310,500 | 22 Sep 2017 |
| £200,000 | 23 Sep 2011 |
| £200,000 | 30 Sep 2005 |
| £72,750 | 25 Sep 1998 |
| £25,000 | 9 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 February 2022 the House Price Index for LINCOLNSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £375,000 results in an estimated price of approximately £391,672.
| 4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £375,000 | £16,672 | £391,672 |
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 | 12.523 % | £46,963 | £421,963 |
| 3 Month Average | -6.223 % | £-23,337 | £351,662 |
| 6 Month Average | 10.576 % | £39,658 | £414,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £288,706 | £285,000 | 2 QUEEN STREET |
| 3 Nov 2023 | £605,777 | £598,000 | 25 NEW CROSS ROAD |
| 30 Aug 2023 | £326,988 | £325,000 | 3 COALVILLE COTTAGES |
| 15 Aug 2023 | £774,711 | £770,000 | CHERRY TREE HOUSE NEW CROSS ROAD |
| 4 Aug 2023 | £464,827 | £462,000 | 29 PRINCES ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Aug 2021. Using an estimated price of £391,673 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on PRINCES ROAD is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Princes Road |
| Feb 2024 | Anti-social behaviour | On or near Princes Road | |
| Feb 2024 | Anti-social behaviour | On or near Princes Road | |
| Feb 2024 | Anti-social behaviour | On or near Princes Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Princes Road |