£280,350
This estimated value is based upon the latest sale price for the house of £227,500 on 4 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £227,500 | 4 Oct 2018 |
| £166,000 | 23 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
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 £227,500 results in an estimated price of approximately £280,350.
| 4 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £227,500 | £52,850 | £280,350 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 15.882 % | £36,130 | £263,630 |
| 3 Month Average | 7.154 % | £16,275 | £243,775 |
| 6 Month Average | 15.288 % | £34,779 | £262,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £199,551 | £197,000 | 59 PRINCESS ANNE ROAD |
| 17 Aug 2023 | £100,883 | £100,000 | 1 HIGHGROVE CRESCENT |
| 4 Aug 2023 | £221,942 | £220,000 | 56 PRINCESS ANNE ROAD |
| 3 Mar 2023 | £199,378 | £197,500 | 23 PRINCESS ANNE ROAD |
| 26 Aug 2022 | £188,493 | £189,000 | 13 PRINCESS ANNE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 May 2016. Using an estimated price of £280,350 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on PRINCESS ANNE ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highgrove Crescent |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Drive |