£360,015
This estimated value is based upon the latest sale price for the house of £290,000 on 23 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 23 Oct 2018 |
| £202,500 | 10 Oct 2003 |
| 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 October 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £290,000 results in an estimated price of approximately £360,015.
| 23 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £290,000 | £70,015 | £360,015 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 35.622 % | £103,303 | £393,303 |
| 3 Month Average | 22.339 % | £64,782 | £354,782 |
| 6 Month Average | 16.932 % | £49,102 | £339,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £271,159 | £265,000 | 2 ST JAMES WAY |
| 14 Sep 2023 | £214,734 | £210,000 | 7 WOODGATE ROAD |
| 24 Feb 2023 | £578,867 | £575,000 | 73 WOODGATE ROAD |
| 8 Apr 2022 | £202,297 | £195,000 | 24 ST JAMES WAY |
| 30 Sep 2021 | £423,372 | £390,000 | 26 WOODGATE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodgate Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Roman Road |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |