£496,157
This estimated value is based upon the latest sale price for the house of £289,995 on 30 Jun 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £289,995 | 30 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 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 June 2011 the House Price Index for LINCOLNSHIRE was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £289,995 results in an estimated price of approximately £496,157.
| 30 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £289,995 | £206,162 | £496,157 |
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 | 98.984 % | £287,048 | £577,043 |
| 3 Month Average | 80.090 % | £232,257 | £522,252 |
| 6 Month Average | 109.772 % | £318,332 | £608,327 |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 28 Nov 2010.
The average size of a house on BANKS CRESCENT is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elgar Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elgar Way |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banks Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banks Crescent |