£246,250
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 16 Nov 2023 |
| £140,000 | 21 Dec 2005 |
| £82,500 | 20 Apr 2001 |
| £59,950 | 18 Dec 1998 |
| £42,600 | 24 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2023 the House Price Index for LINCOLNSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £240,000 results in an estimated price of approximately £246,250.
| 16 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £240,000 | £6,250 | £246,250 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | -10.431 % | £-25,035 | £214,964 |
| 3 Month Average | 2.580 % | £6,193 | £246,193 |
| 6 Month Average | 3.737 % | £8,968 | £248,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £358,000 | £352,500 | 3 RECREATION GROUND ROAD |
| 16 Nov 2023 | £246,251 | £240,000 | 6 NEW STREET |
| 3 Nov 2023 | £613,575 | £598,000 | 25 NEW CROSS ROAD |
| 30 Oct 2023 | £690,687 | £675,000 | 27 NEW CROSS ROAD |
| 25 Sep 2023 | £209,621 | £205,000 | 18 BENTLEY STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Aug 2019. Using an estimated price of £246,251 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on NEW STREET is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near New Street |
| Jul 2024 | Anti-social behaviour | On or near New Street | |
| Jul 2024 | Anti-social behaviour | On or near New Street | |
| Jul 2024 | Anti-social behaviour | On or near New Street | |
| Jul 2024 | Anti-social behaviour | On or near New Street |