£276,642
This estimated value is based upon the latest sale price for the house of £265,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 11 Mar 2022 |
| £180,100 | 7 Oct 2019 |
| £143,000 | 28 Jun 2019 |
| £162,250 | 10 Dec 2007 |
| £44,500 | 20 Dec 1996 |
| 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £265,000 results in an estimated price of approximately £276,642.
| 11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £265,000 | £11,642 | £276,642 |
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 | -8.841 % | £-23,429 | £241,570 |
| 3 Month Average | 4.773 % | £12,648 | £277,648 |
| 6 Month Average | 6.558 % | £17,378 | £282,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £195,975 | £191,000 | 19 HARPE CLOSE |
| 19 Jun 2023 | £186,232 | £182,500 | 15 MAYFIELD CLOSE |
| 27 Mar 2023 | £264,416 | £260,000 | 14 SOUTHGATE |
| 5 Aug 2022 | £351,644 | £350,000 | 16 CHERRY HOLT LANE |
| 11 Mar 2022 | £276,642 | £265,000 | 4 SOUTHGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Southgate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Holt Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Laxton Gardens |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Laxton Gardens |
| Sep 2024 | Vehicle crime | Under investigation | On or near Laxton Gardens |