£280,012
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 Jan 2019 |
| £150,000 | 20 Jul 2012 |
| £155,000 | 24 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £225,000 results in an estimated price of approximately £280,012.
| 16 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £225,000 | £55,012 | £280,012 |
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 | 35.025 % | £78,805 | £303,805 |
| 3 Month Average | 16.425 % | £36,955 | £261,955 |
| 6 Month Average | 20.043 % | £45,097 | £270,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £210,339 | £205,000 | 30 EMPINGHAM ROAD |
| 20 Oct 2023 | £1,355,793 | £1,325,000 | COURT HOUSE WINDMILL WAY EMPINGHAM ROAD |
| 22 Aug 2023 | £934,352 | £917,500 | 5 EMPINGHAM ROAD |
| 27 Jan 2023 | £641,715 | £640,000 | 46 CASTERTON ROAD |
| 26 Jan 2023 | £762,036 | £760,000 | 4 ROCK TERRACE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 29 Apr 2012. Using an estimated price of £280,012 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on ROCK ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rock Road |
| Oct 2024 | Drugs | Under investigation | On or near Rock Road |
| Sep 2024 | Public order | Under investigation | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Close |