£154,029
This estimated value is based upon the latest sale price for the house of £125,000 on 11 May 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Penny Gardens
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| Price Paid | Date |
|---|---|
| £125,000 | 11 May 2020 |
| £83,500 | 1 Apr 2011 |
| £91,000 | 15 Nov 2004 |
| £37,500 | 25 Aug 2000 |
| Terraced |
| 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 May 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £125,000 results in an estimated price of approximately £154,029.
| 11 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £125,000 | £29,029 | £154,029 |
The Postcode Pricing Model uses changes in average sales price within the PE20 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 | 41.149 % | £51,435 | £176,435 |
| 3 Month Average | 45.229 % | £56,535 | £181,535 |
| 6 Month Average | 19.513 % | £24,390 | £149,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £174,395 | £171,250 | 10 BOOTHBY CLOSE |
| 26 Jun 2023 | £331,646 | £325,000 | 27A WILLINGTON ROAD |
| 23 Feb 2023 | £135,908 | £135,000 | 20 WILLINGTON ROAD |
| 28 Nov 2022 | £238,883 | £240,000 | 4 BOOTHBY CLOSE |
| 18 Nov 2022 | £174,186 | £175,000 | 9 BOOTHBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Penny Gardens |
| Jun 2024 | Anti-social behaviour | On or near Penny Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Penny Gardens | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Penny Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Penny Gardens |