£295,588
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 20 Feb 2015 |
| £135,000 | 22 Dec 2005 |
| 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 February 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £200,000 results in an estimated price of approximately £295,588.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £200,000 | £95,588 | £295,588 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 139.691 % | £279,381 | £479,381 |
| 3 Month Average | 42.448 % | £84,896 | £284,896 |
| 6 Month Average | 42.313 % | £84,625 | £284,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £235,486 | £232,000 | 45 MALTING LANE |
| 13 Jan 2023 | £228,922 | £230,000 | 28 CHESTNUT AVENUE |
| 13 Jan 2023 | £261,767 | £263,000 | 20 MALTING LANE |
| 12 Jan 2023 | £213,992 | £215,000 | 1 BEECH GROVE |
| 22 Nov 2022 | £227,247 | £230,000 | 6 SALTERS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Beech Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Malting Lane |
| Jan 2024 | Other theft | Under investigation | On or near Laurel Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near William Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bakewell Street |