£243,121
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
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| 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 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £240,000 results in an estimated price of approximately £243,121.
| 16 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £240,000 | £3,121 | £243,121 |
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 | -10.039 % | £-24,092 | £215,907 |
| 3 Month Average | -5.133 % | £-12,319 | £227,680 |
| 6 Month Average | 14.126 % | £33,902 | £273,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £353,695 | £352,500 | 3 RECREATION GROUND ROAD |
| 16 Nov 2023 | £243,121 | £240,000 | 6 NEW STREET |
| 3 Nov 2023 | £605,777 | £598,000 | 25 NEW CROSS ROAD |
| 30 Aug 2023 | £326,988 | £325,000 | 3 COALVILLE COTTAGES |
| 15 Aug 2023 | £774,711 | £770,000 | CHERRY TREE HOUSE NEW CROSS ROAD |
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 £243,121 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on NEW STREET is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bentley Street |
| Apr 2024 | Robbery | Under investigation | On or near Stanley Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Recreation Ground Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Recreation Ground Road |
| Mar 2024 | Drugs | Under investigation | On or near Princes Road |