£153,029
This estimated value is based upon the latest sale price for the house of £80,000 on 5 Oct 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 5 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 October 2004 the House Price Index for LINCOLNSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £80,000 results in an estimated price of approximately £153,029.
| 5 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £80,000 | £73,029 | £153,029 |
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 | 64.736 % | £51,788 | £131,788 |
| 3 Month Average | 42.555 % | £34,043 | £114,043 |
| 6 Month Average | 47.872 % | £38,297 | £118,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2022 | £221,034 | £220,000 | 30 TOWER ROAD |
| 20 May 2022 | £138,611 | £135,000 | 19 FREISTON ROAD |
| 20 May 2022 | £174,547 | £170,000 | 2 ROCHFORD CRESCENT |
| 29 Mar 2022 | £177,469 | £170,000 | 24 ROCHFORD CRESCENT |
| 19 Nov 2021 | £179,226 | £164,500 | 23 ROCHFORD CRESCENT |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 26 Jul 2016. Using an estimated price of £153,029 means this house is valued at £1,204 per sq meter (£111 per sq foot).
The average size of a house on TOWER ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Comer Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richmond Close |
| Jul 2024 | Anti-social behaviour | On or near Richmond Close | |
| Jun 2024 | Anti-social behaviour | On or near Richmond Close |