£282,359
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Apr 2014 |
| 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £180,000 results in an estimated price of approximately £282,359.
| 24 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £180,000 | £102,359 | £282,359 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 62.338 % | £112,208 | £292,208 |
| 3 Month Average | 58.041 % | £104,474 | £284,474 |
| 6 Month Average | 59.619 % | £107,315 | £287,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £300,000 | £300,000 | SOUTHSIDE RAVENS BANK |
| 26 Apr 2024 | £307,672 | £305,000 | AUBRETIA CRANESGATE SOUTH |
| 22 Sep 2023 | £3,070,482 | £3,002,796 | GRANGE FARM CRANESGATE SOUTH |
| 26 Apr 2023 | £326,099 | £320,000 | HAWTHORNS NUTTS LANE |
| 7 Mar 2023 | £437,303 | £430,000 | WESTFIELD RAVENSGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crane'S Gate North |
| Sep 2024 | Anti-social behaviour | On or near Crane'S Gate North | |
| Sep 2024 | Anti-social behaviour | On or near Crane'S Gate North | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near New River Gate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Headings |