£314,447
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 28 Jan 2022 |
| £225,000 | 24 Feb 2017 |
| £160,000 | 26 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £300,000 results in an estimated price of approximately £314,447.
| 28 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £300,000 | £14,447 | £314,447 |
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 | 5.335 % | £16,005 | £316,005 |
| 3 Month Average | -5.303 % | £-15,908 | £284,091 |
| 6 Month Average | 12.418 % | £37,254 | £337,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £519,918 | £515,000 | 16 VICTORIA ROAD |
| 26 Jul 2023 | £585,539 | £580,000 | 22 VICTORIA ROAD |
| 8 Mar 2023 | £412,228 | £410,000 | 3 CONSTABLE MEWS |
| 5 Sep 2022 | £1,222,630 | £1,237,500 | HEADLANDS NEW CROSS ROAD |
| 20 Jun 2022 | £601,092 | £595,000 | 10 WOODBRIDGE MEWS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Apr 2014. Using an estimated price of £314,448 means this house is valued at £3,656 per sq meter (£339 per sq foot).
The average size of a house on NEW CROSS ROAD is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Cross Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cliff Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cliff Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Road |