£320,400
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 26 Oct 2018 |
| £110,000 | 3 Oct 2007 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £260,000 results in an estimated price of approximately £320,400.
| 26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £260,000 | £60,400 | £320,400 |
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 | 99.171 % | £257,844 | £517,844 |
| 3 Month Average | 35.014 % | £91,035 | £351,035 |
| 6 Month Average | 22.135 % | £57,551 | £317,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £269,861 | £267,500 | 4 ASHBURTON CLOSE |
| 31 Mar 2023 | £204,931 | £203,000 | THREE GABLES ROMAN BANK |
| 13 Jan 2023 | £447,890 | £450,000 | 1 PADDOCK LANE |
| 18 Nov 2022 | £182,786 | £185,000 | THE DOLLS HOUSE ROMAN BANK |
| 24 Jun 2022 | £299,229 | £295,000 | FERNDALE HOUSE ROMAN BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penny Hill Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fakenham Chase |
| Mar 2024 | Other theft | Under investigation | On or near Fakenham Chase |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Fakenham Chase |
| Feb 2024 | Public order | Action to be taken by another organisation | On or near Fakenham Chase |