£140,864
This estimated value is based upon the latest sale price for the house of £140,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 20 May 2022 |
| £120,500 | 26 Nov 2018 |
| £100,000 | 10 Jan 2014 |
| £97,950 | 17 Dec 2004 |
| £37,000 | 7 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £140,000 results in an estimated price of approximately £140,864.
| 20 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £140,000 | £864 | £140,864 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | -37.368 % | £-52,315 | £87,684 |
| 3 Month Average | -22.090 % | £-30,925 | £109,074 |
| 6 Month Average | -8.164 % | £-11,428 | £128,571 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 May 2014.
The average size of a house on SOMERSBY GROVE is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lifeboat Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lifeboat Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lifeboat Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lifeboat Avenue | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lifeboat Avenue |