£305,065
This estimated value is based upon the latest sale price for the house of £280,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £280,000 | 1 Nov 2021 |
| £233,000 | 31 May 2019 |
| Detached |
| Freehold |
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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £280,000 results in an estimated price of approximately £305,065.
| 1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £280,000 | £25,065 | £305,065 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | -15.734 % | £-44,054 | £235,945 |
| 3 Month Average | -3.410 % | £-9,546 | £270,453 |
| 6 Month Average | -1.343 % | £-3,760 | £276,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £300,000 | £300,000 | 4 PENNYFIELD |
| 3 Dec 2023 | £197,055 | £191,000 | 58 VISCOUNT CLOSE |
| 29 Sep 2023 | £398,791 | £390,000 | 28 PENWAY DRIVE |
| 20 Sep 2023 | £199,396 | £195,000 | 20 PENNYFIELD |
| 27 Jan 2023 | £192,514 | £192,000 | 59 VISCOUNT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Penway Drive | |
| Aug 2024 | Anti-social behaviour | On or near Penway Drive | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pennyfield |
| Sep 2024 | Vehicle crime | Under investigation | On or near Pennyfield |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennyfield |