£358,000
This estimated value is based upon the latest sale price for the house of £352,500 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £352,500 | 8 Mar 2024 |
| £166,000 | 18 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2024 the House Price Index for LINCOLNSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £352,500 results in an estimated price of approximately £358,000.
| 8 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £352,500 | £5,500 | £358,000 |
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 | -0.436 % | £-1,538 | £350,961 |
| 3 Month Average | 8.131 % | £28,661 | £381,161 |
| 6 Month Average | -9.103 % | £-32,088 | £320,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £358,000 | £352,500 | 3 RECREATION GROUND ROAD |
| 16 Nov 2023 | £246,251 | £240,000 | 6 NEW STREET |
| 25 Sep 2023 | £209,621 | £205,000 | 18 BENTLEY STREET |
| 30 Aug 2023 | £330,969 | £325,000 | 3 COALVILLE COTTAGES |
| 25 Aug 2023 | £458,265 | £450,000 | 2 PARKSIDE TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Jan 2013. Using an estimated price of £358,000 means this house is valued at £4,068 per sq meter (£377 per sq foot).
The average size of a house on RECREATION GROUND ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Recreation Ground Road | |
| Jul 2024 | Anti-social behaviour | On or near Recreation Ground Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Recreation Ground Road |
| Jul 2024 | Anti-social behaviour | On or near Recreation Ground Road | |
| Jul 2024 | Anti-social behaviour | On or near Recreation Ground Road |