£1,346,990
This estimated value is based upon the latest sale price for the house of £1,250,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,250,000 | 30 Sep 2021 |
| £280,000 | 20 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,346,990.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £1,250,000 | £96,990 | £1,346,990 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 16.987 % | £212,336 | £1,462,336 |
| 3 Month Average | 3.436 % | £42,949 | £1,292,949 |
| 6 Month Average | 11.101 % | £138,767 | £1,388,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £390,786 | £385,000 | 57 QUEENS WALK |
| 30 Mar 2023 | £245,311 | £243,000 | 3 ST PETERS TERRACE |
| 21 Jul 2022 | £521,404 | £520,000 | 87 QUEENS WALK |
| 16 Dec 2021 | £685,681 | £640,000 | 6 TINWELL ROAD |
| 8 Dec 2021 | £535,689 | £500,000 | 71 QUEENS WALK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 14 Jun 2018. Using an estimated price of £1,346,991 means this house is valued at £11,040 per sq meter (£1,025 per sq foot).
The average size of a house on TINWELL ROAD is 203 sq meters (2,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St Clement'S |
| Jan 2024 | Other theft | Under investigation | On or near Clare Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clare Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Close |