£570,262
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Mar 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 1 Mar 2007 |
| £80,000 | 15 Oct 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 March 2007 the House Price Index for LINCOLNSHIRE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £350,000 results in an estimated price of approximately £570,262.
| 1 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £350,000 | £220,262 | £570,262 |
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 | 28.812 % | £100,841 | £450,841 |
| 3 Month Average | 51.470 % | £180,145 | £530,145 |
| 6 Month Average | 47.309 % | £165,579 | £515,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £180,548 | £175,000 | 58 PARK LANE |
| 13 Jan 2023 | £230,616 | £230,000 | 28 CHESTNUT AVENUE |
| 19 Oct 2022 | £244,184 | £245,000 | 5 STATION STREET |
| 23 Jun 2022 | £151,233 | £148,000 | 20A PARK LANE |
| 15 Jun 2022 | £148,167 | £145,000 | ADZE COTTAGE STATION STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Under investigation | On or near Park Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gleed Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Gleed Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gleed Avenue |
| Aug 2024 | Anti-social behaviour | On or near Gleed Avenue |