£302,703
This estimated value is based upon the latest sale price for the house of £245,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 29 Nov 2019 |
| £152,500 | 15 Aug 2014 |
| £162,000 | 14 Nov 2006 |
| 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £245,000 results in an estimated price of approximately £302,703.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £245,000 | £57,703 | £302,703 |
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 | 31.886 % | £78,121 | £323,121 |
| 3 Month Average | 22.517 % | £55,165 | £300,165 |
| 6 Month Average | 19.660 % | £48,167 | £293,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £177,020 | £173,000 | 12 WELCH CLOSE |
| 15 Aug 2023 | £274,959 | £270,000 | 336 HIGH ROAD |
| 11 Aug 2023 | £369,158 | £362,500 | 8 VERDANT DRIVE |
| 3 Aug 2023 | £229,133 | £225,000 | 263 HIGH ROAD |
| 16 Jun 2023 | £403,078 | £395,000 | CHURCH COTTAGE CHURCH GATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Verdant Drive |
| Sep 2024 | Other crime | Under investigation | On or near Biggadike Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Biggadike Court |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Church Gate |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near The Tilney |