£302,176
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Jul 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Franks Close
More crime details
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| Price Paid | Date |
|---|---|
| £245,000 | 2 Jul 2019 |
| 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 July 2019 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £245,000 results in an estimated price of approximately £302,176.
| 2 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £245,000 | £57,176 | £302,176 |
The Postcode Pricing Model uses changes in average sales price within the PE20 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 | 66.580 % | £163,120 | £408,120 |
| 3 Month Average | 21.425 % | £52,491 | £297,491 |
| 6 Month Average | 21.252 % | £52,066 | £297,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £287,000 | £287,000 | 16 HANSARD WAY |
| 8 Mar 2024 | £190,000 | £190,000 | 67 MIDDLEGATE ROAD |
| 2 Jun 2023 | £323,924 | £320,000 | 15 HANSARD WAY |
| 13 Mar 2023 | £177,674 | £176,000 | 1 FRANKS CLOSE |
| 3 Mar 2023 | £161,522 | £160,000 | 4 FRANKS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Franks Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackson Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hansard Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pear Tree Road |
| Feb 2024 | Other theft | Under investigation | On or near Craven Avenue |