£455,348
This estimated value is based upon the latest sale price for the house of £445,000 on 26 Jul 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £445,000 | 26 Jul 2024 |
| £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 2024 the House Price Index for LINCOLNSHIRE was 98.9.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.326%.Applying this 2.326% change to the original purchase price of £445,000 results in an estimated price of approximately £455,348.
| 26 Jul 2024 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.9 | 101.2 | 2.326 % | £445,000 | £10,348 | £455,348 |
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 | -42.687 % | £-189,955 | £255,044 |
| 3 Month Average | -10.079 % | £-44,849 | £400,150 |
| 6 Month Average | 0.128 % | £571 | £445,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2024 | £396,174 | £395,000 | 4 BROOKE AVENUE |
| 14 Aug 2024 | £404,396 | £400,000 | 17 GROVES CRESCENT |
| 26 Jul 2024 | £455,349 | £445,000 | 7 GROVES CRESCENT |
| 26 Jul 2024 | £598,605 | £585,000 | 11 BOYFIELD CRESCENT |
| 9 Jul 2024 | £324,884 | £317,500 | 57 LONSDALE ROAD |
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 £455,349 means this house is valued at £4,029 per sq meter (£374 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 | Investigation complete; no suspect identified | On or near Groves Crescent |
| Nov 2024 | Vehicle crime | Under investigation | On or near Culpepper Way |
| Dec 2024 | Drugs | Awaiting court outcome | On or near Goody Rudkin Close |
| Dec 2024 | Anti-social behaviour | On or near Yates Court | |
| Dec 2024 | Anti-social behaviour | On or near Yates Court |