£1,265,543
This estimated value is based upon the latest sale price for the house of £675,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £675,000 | 8 Apr 2005 |
| £499,000 | 28 May 1999 |
| Detached |
| Freehold |
| Floor Area: 47 sq meters or 506 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 2005 the House Price Index for LINCOLNSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £675,000 results in an estimated price of approximately £1,265,543.
| 8 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £675,000 | £590,543 | £1,265,543 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 57.203 % | £386,122 | £1,061,122 |
| 3 Month Average | 57.195 % | £386,063 | £1,061,063 |
| 6 Month Average | 60.105 % | £405,708 | £1,080,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £178,945 | £175,000 | 2 ABBEY BUILDINGS |
| 30 Jun 2023 | £145,924 | £143,000 | APARTMENT 2 HARRINGTON HOUSE BROAD STREET |
| 1 Mar 2023 | £161,700 | £159,000 | 35 NEW ROAD |
| 28 Nov 2022 | £602,184 | £605,000 | 4 THE CRESCENT |
| 11 Mar 2022 | £271,423 | £260,000 | 5 HALL PLACE |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 2 Apr 2009. Using an estimated price of £1,265,543 means this house is valued at £26,869 per sq meter (£2,496 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hall Place |
| Jul 2024 | Anti-social behaviour | On or near Hall Place | |
| Jun 2024 | Shoplifting | Awaiting court outcome | On or near Hall Place |
| Jun 2024 | Anti-social behaviour | On or near Hall Place | |
| Jun 2024 | Anti-social behaviour | On or near Hall Place |