£299,199
This estimated value is based upon the latest sale price for the house of £237,000 on 21 Mar 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £237,000 | 21 Mar 2018 |
| £131,600 | 25 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2018 the House Price Index for LINCOLNSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £237,000 results in an estimated price of approximately £299,199.
| 21 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £237,000 | £62,199 | £299,199 |
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 | 122.665 % | £290,714 | £527,714 |
| 3 Month Average | 49.600 % | £117,551 | £354,551 |
| 6 Month Average | 33.044 % | £78,313 | £315,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £262,000 | £262,000 | 5 IRNHAM ROAD |
| 8 Dec 2023 | £283,718 | £275,000 | 26 HOLLAND ROAD |
| 6 Oct 2023 | £818,592 | £800,000 | 5 NORTHFIELDS COURT |
| 2 Aug 2023 | £137,480 | £135,000 | 40 HOLLAND ROAD |
| 25 Apr 2023 | £183,431 | £180,000 | 16 HOLLAND ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 12 May 2017. Using an estimated price of £299,200 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on HOLLAND ROAD is 109 sq meters (1,176 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Witham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Witham Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Witham Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witham Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Witham Close |