£237,775
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 21 Dec 2016 |
| £144,950 | 23 Apr 2004 |
| 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £180,000 results in an estimated price of approximately £237,775.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £180,000 | £57,775 | £237,775 |
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 | 30.668 % | £55,203 | £235,203 |
| 3 Month Average | 35.410 % | £63,737 | £243,737 |
| 6 Month Average | 32.254 % | £58,056 | £238,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £375,000 | £375,000 | PALMSTAN LODGE LUTTON GOWTS |
| 28 Mar 2024 | £406,242 | £400,000 | NORTON LODGE LUTTON GOWTS |
| 15 Dec 2023 | £185,706 | £180,000 | 101 LITTLE LONDON |
| 14 Dec 2023 | £239,355 | £232,000 | 56 DANIELS GATE |
| 4 Aug 2023 | £120,167 | £118,000 | 85 LITTLE LONDON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lutton Gowts |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lutton Gowts |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Blazegate |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Blazegate |
| Sep 2024 | Burglary | Under investigation | On or near Marriotsgate |