£629,354
This estimated value is based upon the latest sale price for the house of £500,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£500,000 | 23 Feb 2018 |
£470,500 | 1 Jun 2016 |
£380,000 | 15 Nov 2005 |
£137,000 | 29 Oct 1999 |
£55,000 | 11 Jun 1997 |
£55,000 | 19 Feb 1997 |
Detached |
Freehold |
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 2018 the House Price Index for LINCOLNSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £500,000 results in an estimated price of approximately £629,354.
23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £500,000 | £129,354 | £629,354 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | -25.302 % | £-126,509 | £373,490 |
3 Month Average | 24.436 % | £122,178 | £622,178 |
6 Month Average | 23.133 % | £115,666 | £615,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2024 | £750,000 | £750,000 | DAIRY BARNS IRNHAM PARK |
19 Jul 2024 | £202,500 | £202,500 | ERZ-N-MYNE-TOO STAINFIELD ROAD |
7 May 2024 | £195,000 | £195,000 | 11 INGOLDSBY ROAD |
27 Jan 2023 | £273,230 | £272,500 | HONEYSUCKLE COTTAGE |
11 Nov 2022 | £562,370 | £565,000 | BEECH COTTAGE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Local resolution | On or near Park/Open Space |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
Oct 2024 | Burglary | Under investigation | On or near Callan'S Lane |