£183,206
This estimated value is based upon the latest sale price for the house of £87,000 on 31 Mar 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 31 Mar 2004 |
| £51,000 | 22 Mar 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 2004 the House Price Index for LINCOLNSHIRE was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £87,000 results in an estimated price of approximately £183,206.
| 31 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £87,000 | £96,206 | £183,206 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 91.135 % | £79,287 | £166,287 |
| 3 Month Average | 82.586 % | £71,849 | £158,849 |
| 6 Month Average | 81.627 % | £71,015 | £158,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £350,779 | £340,000 | 11 BATH LANE |
| 10 Nov 2023 | £174,428 | £170,000 | 23 BRIDGE STREET |
| 30 Jun 2023 | £111,229 | £109,000 | 6A HERRING LANE |
| 30 Jun 2023 | £145,924 | £143,000 | APARTMENT 2 HARRINGTON HOUSE BROAD STREET |
| 12 Apr 2023 | £129,930 | £127,500 | 7 BRIDGE STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 7 Mar 2019. Using an estimated price of £183,207 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on HIGH STREET is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |