£414,017
This estimated value is based upon the latest sale price for the house of £380,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 19 Nov 2021 |
| 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £380,000 results in an estimated price of approximately £414,017.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £380,000 | £34,017 | £414,017 |
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 | -15.734 % | £-59,787 | £320,212 |
| 3 Month Average | -3.410 % | £-12,956 | £367,043 |
| 6 Month Average | -1.343 % | £-5,103 | £374,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £379,666 | £368,000 | 104 SPALDING ROAD |
| 30 Jun 2023 | £382,669 | £375,000 | 110 SPALDING ROAD |
| 11 Jan 2023 | £401,072 | £400,000 | 95 ATHERTON GARDENS |
| 6 Jan 2023 | £270,723 | £270,000 | 127 SPALDING ROAD |
| 22 Jul 2022 | £464,656 | £460,000 | 7 REDMILE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Spalding Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Mile Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Mile Lane |
| Jul 2024 | Anti-social behaviour | On or near Red Mile Lane | |
| Jul 2024 | Anti-social behaviour | On or near Red Mile Lane |