£417,560
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Aug 2001 |
| £79,500 | 12 Dec 1996 |
| 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 2001 the House Price Index for LINCOLNSHIRE was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £125,000 results in an estimated price of approximately £417,560.
| 23 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £125,000 | £292,560 | £417,560 |
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 | 221.171 % | £276,463 | £401,463 |
| 3 Month Average | 220.517 % | £275,646 | £400,646 |
| 6 Month Average | 257.214 % | £321,517 | £446,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £142,000 | £142,000 | RIDGEWOOD CHAPEL LANE |
| 3 Nov 2023 | £276,981 | £269,950 | 10 WHEATSHEAF CLOSE |
| 6 Oct 2023 | £110,510 | £108,000 | 3 CHURCH TERRACE |
| 11 Aug 2023 | £300,418 | £295,000 | 7 CHURCH WALK |
| 2 Aug 2023 | £234,224 | £230,000 | GARDEN VIEW LITTLEPORT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Littleport Lane | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Thatchers Walk |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Meyers Close |
| Jul 2024 | Anti-social behaviour | On or near Meyers Close | |
| Jul 2024 | Anti-social behaviour | On or near Meyers Close |