£477,769
This estimated value is based upon the latest sale price for the house of £372,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £372,000 | 21 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £372,000 results in an estimated price of approximately £477,769.
| 21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £372,000 | £105,769 | £477,769 |
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 | 58.277 % | £216,790 | £588,790 |
| 3 Month Average | 27.771 % | £103,307 | £475,307 |
| 6 Month Average | 30.849 % | £114,756 | £486,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £557,119 | £540,000 | 12 GROVES CRESCENT |
| 31 Oct 2023 | £608,828 | £595,000 | 4 GOODY RUDKIN CLOSE |
| 3 Aug 2023 | £334,024 | £328,000 | 24 LONSDALE ROAD |
| 30 Jun 2023 | £403,078 | £395,000 | 21 LONSDALE ROAD |
| 14 Jun 2023 | £607,168 | £595,000 | 12 BOYFIELD CRESCENT |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 21 Mar 2017. Using an estimated price of £477,769 means this house is valued at £4,228 per sq meter (£392 per sq foot).
The average size of a house on GROVES CRESCENT is 178 sq meters (1,917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Groves Crescent |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Groves Crescent |
| Aug 2024 | Anti-social behaviour | On or near Boyfield Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Boyfield Crescent | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Boyfield Crescent |