£397,903
This estimated value is based upon the latest sale price for the house of £205,000 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 13 Aug 2004 |
| £85,000 | 14 Dec 2000 |
| £65,000 | 19 Aug 1998 |
| 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 August 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £205,000 results in an estimated price of approximately £397,903.
| 13 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £205,000 | £192,903 | £397,903 |
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 | 85.121 % | £174,497 | £379,497 |
| 3 Month Average | 78.391 % | £160,701 | £365,701 |
| 6 Month Average | 90.996 % | £186,542 | £391,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £296,740 | £290,000 | NORWIN MAIN ROAD |
| 22 Sep 2023 | £286,260 | £279,950 | THE BUNGALOW CHURCH LANE |
| 17 Aug 2023 | £225,059 | £221,000 | 5 MEL MARSHALL WAY |
| 30 Jun 2023 | £129,597 | £127,000 | ELMSWOOD TOOLEY LANE |
| 8 Jun 2023 | £260,215 | £255,000 | NOELLA MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Charles Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Street |