£213,550
This estimated value is based upon the latest sale price for the house of £176,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,000 | 27 Mar 2020 |
| £164,000 | 12 Sep 2016 |
| £134,000 | 26 May 2006 |
| £56,500 | 25 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £176,000 results in an estimated price of approximately £213,550.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £176,000 | £37,550 | £213,550 |
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 | 7.662 % | £13,485 | £189,485 |
| 3 Month Average | 25.420 % | £44,738 | £220,738 |
| 6 Month Average | 11.744 % | £20,668 | £196,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £408,965 | £399,950 | 274 LONDON ROAD |
| 6 Feb 2023 | £169,130 | £168,000 | 3 SPICE AVENUE |
| 13 Jan 2023 | £193,016 | £192,500 | 9 DELFIELD ROAD |
| 14 Oct 2022 | £159,467 | £160,000 | 11 SPICE AVENUE |
| 5 Aug 2022 | £236,104 | £235,000 | 277 LONDON ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jul 2016. Using an estimated price of £213,550 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on LONDON ROAD is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Delfield Road |
| Jul 2024 | Other theft | Under investigation | On or near Deldale Road |
| Jun 2024 | Anti-social behaviour | On or near Field Drive | |
| Jun 2024 | Anti-social behaviour | On or near Field Drive | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Field Drive |