£256,945
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 10 Nov 2020 |
| £180,000 | 28 Jul 2017 |
| £147,500 | 21 Feb 2014 |
| £157,000 | 21 Jul 2006 |
| £54,500 | 11 Oct 1996 |
| £53,000 | 28 Apr 1995 |
| 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £220,000 results in an estimated price of approximately £256,945.
| 10 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £220,000 | £36,945 | £256,945 |
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 | -3.456 % | £-7,602 | £212,397 |
| 3 Month Average | 7.515 % | £16,532 | £236,532 |
| 6 Month Average | 11.703 % | £25,745 | £245,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £238,042 | £232,000 | 45 MALTING LANE |
| 29 Sep 2023 | £293,981 | £287,500 | 14 KENSINGTON CLOSE |
| 29 Jun 2023 | £187,253 | £183,500 | 14 CANTERBURY MEWS |
| 13 Jan 2023 | £263,705 | £263,000 | 20 MALTING LANE |
| 12 Jan 2023 | £215,576 | £215,000 | 1 BEECH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salters Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Salters Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Close |
| Sep 2024 | Public order | Under investigation | On or near Bakewell Street |