£339,269
This estimated value is based upon the latest sale price for the house of £270,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 25 May 2018 |
| £280,000 | 11 Aug 2017 |
| £200,000 | 6 Nov 2012 |
| £162,950 | 29 Nov 2002 |
| 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 May 2018 the House Price Index for LINCOLNSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £270,000 results in an estimated price of approximately £339,269.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £270,000 | £69,269 | £339,269 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | -6.066 % | £-16,378 | £253,621 |
| 3 Month Average | 22.891 % | £61,804 | £331,804 |
| 6 Month Average | 24.115 % | £65,109 | £335,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £474,583 | £460,000 | 22 EASTLANDS |
| 17 Aug 2023 | £412,439 | £405,000 | 15 BURGHLEY CLOSE |
| 2 Aug 2022 | £598,298 | £595,500 | 64 NORMANTON ROAD |
| 19 Apr 2022 | £186,736 | £180,000 | 19 CLOOT DROVE |
| 29 Sep 2021 | £382,120 | £352,000 | 2 NORMANTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burghley Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Burghley Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eastlands |
| Oct 2024 | Vehicle crime | Awaiting court outcome | On or near Eastlands |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Nelson Close |