£290,606
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Apr 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 5 Apr 2005 |
| £109,000 | 18 Jul 2003 |
| 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 April 2005 the House Price Index for LINCOLNSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £155,000 results in an estimated price of approximately £290,606.
| 5 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £155,000 | £135,606 | £290,606 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 76.282 % | £118,236 | £273,236 |
| 3 Month Average | 65.468 % | £101,475 | £256,475 |
| 6 Month Average | 67.021 % | £103,881 | £258,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £312,716 | £310,000 | LEADENHALL COTTAGE |
| 4 Aug 2023 | £224,041 | £220,000 | 8 STRAWBERRY FIELDS DRIVE |
| 29 Jun 2023 | £209,702 | £205,500 | 1 CROWN AVENUE |
| 22 Jun 2022 | £150,211 | £147,000 | 19 STRAWBERRY FIELDS DRIVE |
| 10 Jun 2022 | £189,041 | £185,000 | 2 CROWN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Strawberry Fields Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Crown Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Crown Avenue |
| Oct 2024 | Anti-social behaviour | On or near Lapwater Lane | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mark'S Road |