£128,518
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Oct 2020 |
| £101,500 | 18 Aug 2014 |
| £85,000 | 30 Nov 2004 |
| Terraced |
| 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £110,000 results in an estimated price of approximately £128,518.
| 16 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £110,000 | £18,518 | £128,518 |
The Postcode Pricing Model uses changes in average sales price within the PE20 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 | 83.496 % | £91,846 | £201,846 |
| 3 Month Average | 32.143 % | £35,357 | £145,357 |
| 6 Month Average | 29.673 % | £32,639 | £142,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2022 | £151,795 | £152,000 | 34 PARK AVENUE |
| 20 May 2022 | £192,867 | £190,000 | JASMINE HOUSE SPALDING ROAD |
| 21 Apr 2022 | £179,487 | £175,000 | 4 CHURCH MEWS |
| 14 Apr 2022 | £200,000 | £195,000 | MULBERRY HOUSE STATION ROAD |
| 18 Feb 2022 | £198,447 | £190,000 | ORCHARD HOUSE SPALDING ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadowgate |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadowgate |
| Apr 2024 | Anti-social behaviour | On or near Tower Gardens | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tower Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |