£173,457
This estimated value is based upon the latest sale price for the house of £115,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 14 Nov 2014 |
| 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 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £115,000 results in an estimated price of approximately £173,457.
| 14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £115,000 | £58,457 | £173,457 |
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 | 50.368 % | £57,923 | £172,923 |
| 3 Month Average | 57.087 % | £65,650 | £180,650 |
| 6 Month Average | 51.695 % | £59,449 | £174,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £215,000 | £215,000 | 181 HIGH ROAD |
| 20 Oct 2023 | £158,602 | £155,000 | 180 HIGH ROAD |
| 24 Feb 2023 | £274,333 | £272,500 | 12 WHEATFIELDS |
| 27 May 2022 | £225,885 | £220,000 | 58 MILL LANE |
| 4 Apr 2022 | £408,999 | £394,246 | 12 TULIP FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Wesley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near High Or Main Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Tulip Fields |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Millers Rest |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Millers Rest |