£162,030
This estimated value is based upon the latest sale price for the house of £159,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,000 | 28 Apr 2023 |
| £100,000 | 20 May 2016 |
| £75,000 | 17 Sep 2002 |
| £40,000 | 19 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2023 the House Price Index for LINCOLNSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £159,000 results in an estimated price of approximately £162,030.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £159,000 | £3,030 | £162,030 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | -6.079 % | £-9,665 | £149,334 |
| 3 Month Average | -3.718 % | £-5,912 | £153,087 |
| 6 Month Average | -6.522 % | £-10,370 | £148,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £172,294 | £167,000 | 63 HORNCASTLE ROAD |
| 21 Nov 2023 | £66,052 | £64,375 | 66 HORNCASTLE ROAD |
| 10 Nov 2023 | £266,772 | £260,000 | 69 HORNCASTLE ROAD |
| 1 Sep 2023 | £161,050 | £157,500 | 40 WINSTON GARDENS |
| 28 Apr 2023 | £162,031 | £159,000 | 79 HORNCASTLE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 31 Mar 2016. Using an estimated price of £162,031 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on HORNCASTLE ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Horncastle Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Winston Gardens |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Winston Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winston Gardens |
| Jun 2024 | Burglary | Under investigation | On or near Winston Gardens |