£200,939
This estimated value is based upon the latest sale price for the house of £120,000 on 28 May 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 May 2010 |
| £35,000 | 15 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,188 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 May 2010 the House Price Index for LINCOLNSHIRE was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.450%.Applying this 67.450% change to the original purchase price of £120,000 results in an estimated price of approximately £200,939.
| 28 May 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.450 % | £120,000 | £80,939 | £200,939 |
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 | 157.052 % | £188,462 | £308,462 |
| 3 Month Average | 54.521 % | £65,425 | £185,425 |
| 6 Month Average | 55.006 % | £66,006 | £186,006 |
This house has a floor area of 110 sq meters or 1,188 sq feet when measured on 5 Dec 2009.
The average size of a house on PENNYGATE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Abbots Crescent | |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Corinne Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Corinne Grove |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Corinne Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbot'S Way |