£218,051
This estimated value is based upon the latest sale price for the house of £174,000 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,000 | 28 Mar 2018 |
| £154,950 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 756 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 March 2018 the House Price Index for LINCOLNSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £174,000 results in an estimated price of approximately £218,051.
| 28 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £174,000 | £44,051 | £218,051 |
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 | 123.641 % | £215,134 | £389,134 |
| 3 Month Average | 38.351 % | £66,730 | £240,730 |
| 6 Month Average | 46.368 % | £80,679 | £254,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £373,023 | £367,500 | 10 JACKSON WAY |
| 22 Sep 2023 | £552,059 | £545,000 | 44 BANKS CRESCENT |
| 2 Jun 2023 | £283,433 | £280,000 | 105 BANKS CRESCENT |
| 17 Feb 2023 | £242,337 | £242,500 | 34 BANKS CRESCENT |
| 6 Jun 2022 | £247,498 | £244,000 | 14 BANKS CRESCENT |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 26 Apr 2007. Using an estimated price of £218,052 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on BANKS CRESCENT is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banks Crescent |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Banks Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banks Crescent |
| Feb 2024 | Anti-social behaviour | On or near Jackson Way | |
| Feb 2024 | Anti-social behaviour | On or near Jackson Way |