£170,825
This estimated value is based upon the latest sale price for the house of £129,950 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,950 | 21 Jul 2016 |
| £142,000 | 13 Oct 2006 |
| £68,050 | 21 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,223 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 July 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £129,950 results in an estimated price of approximately £170,825.
| 21 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £129,950 | £40,875 | £170,825 |
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 | 32.768 % | £42,581 | £172,531 |
| 3 Month Average | 17.896 % | £23,255 | £153,205 |
| 6 Month Average | 29.241 % | £37,999 | £167,949 |
This house has a floor area of 113 sq meters or 1,223 sq feet when measured on 22 Oct 2010.
The average size of a house on SOUTH PARADE is 120 sq meters (1,293 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acacia Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cooks Lock |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cooks Lock |