£385,824
This estimated value is based upon the latest sale price for the house of £375,000 on 19 Jul 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 19 Jul 2023 |
| 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 July 2023 the House Price Index for LINCOLNSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £375,000 results in an estimated price of approximately £385,824.
| 19 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £375,000 | £10,824 | £385,824 |
The Postcode Pricing Model uses changes in average sales price within the PE13 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 | 23.990 % | £89,962 | £464,962 |
| 3 Month Average | -9.852 % | £-36,946 | £338,053 |
| 6 Month Average | -1.807 % | £-6,777 | £368,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £214,443 | £209,000 | 86 STATION ROAD |
| 13 Sep 2023 | £432,024 | £422,500 | WESTWOOD MIDDLE ROAD |
| 14 Mar 2023 | £116,953 | £115,000 | BLACK BUNGALOW MAIN ROAD |
| 24 Feb 2023 | £241,614 | £240,000 | 27 STATION ROAD |
| 27 Jan 2023 | £245,656 | £245,000 | 32 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Station Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middle Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near World'S End Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roger'S Drove |