£481,308
This estimated value is based upon the latest sale price for the house of £292,000 on 1 Oct 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 1 Oct 2013 |
| £120,000 | 25 Aug 1999 |
| 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 October 2013 the House Price Index for LINCOLNSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £292,000 results in an estimated price of approximately £481,308.
| 1 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £292,000 | £189,308 | £481,308 |
The Postcode Pricing Model uses changes in average sales price within the PE22 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 | 4.939 % | £14,422 | £306,422 |
| 3 Month Average | 55.154 % | £161,048 | £453,048 |
| 6 Month Average | 71.051 % | £207,468 | £499,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2024 | £173,000 | £173,000 | LAVENDER COTTAGE MAIN ROAD |
| 10 May 2024 | £145,000 | £145,000 | 8 STATION ROW |
| 12 Dec 2023 | £214,594 | £208,000 | CHAPEL FARM COTTAGE CHAPEL LANE |
| 3 Nov 2023 | £114,917 | £112,000 | END COTTAGE MAIN ROAD |
| 7 Sep 2022 | £287,308 | £287,500 | CHURCHSIDE MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Occupation Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Occupation Lane |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Main Road |
| Jul 2024 | Burglary | Under investigation | On or near Main Road |
| Aug 2024 | Anti-social behaviour | On or near Boston Road |