£239,710
This estimated value is based upon the latest sale price for the house of £161,000 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £161,000 | 6 Feb 2015 |
| £155,000 | 12 Nov 2009 |
| £60,000 | 15 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 February 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £161,000 results in an estimated price of approximately £239,710.
| 6 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £161,000 | £78,710 | £239,710 |
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 | 57.438 % | £92,475 | £253,475 |
| 3 Month Average | 34.262 % | £55,162 | £216,162 |
| 6 Month Average | 28.722 % | £46,242 | £207,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £200,000 | £200,000 | 45 PRINCESS ANNE ROAD |
| 4 Aug 2023 | £195,527 | £192,000 | 40 MONTEITH CRESCENT |
| 4 Aug 2023 | £224,041 | £220,000 | 56 PRINCESS ANNE ROAD |
| 30 Jun 2023 | £207,151 | £203,000 | 80 MONTEITH CRESCENT |
| 26 Aug 2022 | £189,888 | £189,000 | 13 PRINCESS ANNE ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Mar 2015. Using an estimated price of £239,710 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on TOWER ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Monteith Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Monteith Crescent |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Margaret Drive |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lindis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindis Road |