£139,126
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 22 Nov 2013 |
| £37,950 | 13 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 sq feet |
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 2013 the House Price Index for LINCOLNSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £85,000 results in an estimated price of approximately £139,126.
| 22 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £85,000 | £54,126 | £139,126 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 65.002 % | £55,251 | £140,251 |
| 3 Month Average | 41.124 % | £34,955 | £119,955 |
| 6 Month Average | 37.842 % | £32,165 | £117,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £186,363 | £183,500 | 49 HORNCASTLE ROAD |
| 4 Oct 2023 | £107,440 | £105,000 | 6 GRAND SLUICE LANE |
| 24 Apr 2023 | £115,154 | £113,000 | 17 GRAND SLUICE LANE |
| 21 Apr 2023 | £203,812 | £200,000 | 35 HORNCASTLE ROAD |
| 3 Feb 2023 | £115,773 | £115,000 | 3 GRAND SLUICE LANE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Aug 2013. Using an estimated price of £139,126 means this house is valued at £1,377 per sq meter (£127 per sq foot).
The average size of a house on HORNCASTLE ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Jul 2024 | Anti-social behaviour | On or near Grand Sluice Lane | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grand Sluice Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |