£130,973
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 20 Feb 2017 |
| 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 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £100,000 results in an estimated price of approximately £130,973.
| 20 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £100,000 | £30,973 | £130,973 |
The Postcode Pricing Model uses changes in average sales price within the PE22 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 | 56.061 % | £56,060 | £156,060 |
| 3 Month Average | 42.389 % | £42,389 | £142,389 |
| 6 Month Average | 48.605 % | £48,605 | £148,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £355,000 | £355,000 | MILLSIDE HOUSE DRAINSIDE |
| 26 Apr 2024 | £342,978 | £340,000 | ROYALTY HOUSE WEST ROYALTY FARM SPILSBY ROAD |
| 4 Oct 2023 | £327,437 | £320,000 | WAIT-N-C BOSTON ROAD |
| 22 Sep 2023 | £327,213 | £320,000 | COPPERFIELD SPILSBY ROAD |
| 4 Aug 2023 | £310,602 | £305,000 | WENWEE COTTAGE THORPE BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spilsby Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bell Water Drain Bank |
| Aug 2024 | Anti-social behaviour | On or near Drainside | |
| Jul 2024 | Public order | Under investigation | On or near Drainside |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drainside |