£307,657
This estimated value is based upon the latest sale price for the house of £86,500 on 15 Dec 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £86,500 | 15 Dec 2000 |
| £79,500 | 9 Jun 2000 |
| 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 December 2000 the House Price Index for LINCOLNSHIRE was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £86,500 results in an estimated price of approximately £307,657.
| 15 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £86,500 | £221,157 | £307,657 |
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 | 382.091 % | £330,508 | £417,008 |
| 3 Month Average | 226.214 % | £195,675 | £282,175 |
| 6 Month Average | 213.566 % | £184,734 | £271,234 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Skelton Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Close |
| Mar 2024 | Burglary | Under investigation | On or near The Cherries |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cherries |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Minster Court |