£725,899
This estimated value is based upon the latest sale price for the house of £695,000 on 25 Feb 2022. 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 Church Lane
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Price Paid | Date |
---|---|
£695,000 | 25 Feb 2022 |
£699,500 | 4 Nov 2019 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 February 2022 the House Price Index for LINCOLNSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £695,000 results in an estimated price of approximately £725,899.
25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £695,000 | £30,899 | £725,899 |
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 | 12.523 % | £87,038 | £782,038 |
3 Month Average | -6.223 % | £-43,251 | £651,748 |
6 Month Average | 10.576 % | £73,500 | £768,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £354,698 | £353,500 | 25 GRESLEY DRIVE |
21 Dec 2023 | £738,981 | £725,000 | 15 HEREWARD PLACE |
24 Nov 2023 | £268,446 | £265,000 | 11 GARRATT ROAD |
13 Nov 2023 | £886,379 | £875,000 | 20 HEREWARD PLACE |
28 Feb 2023 | £636,987 | £640,000 | 5 HEREWARD PLACE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 Sep 2019. Using an estimated price of £725,900 means this house is valued at £6,257 per sq meter (£581 per sq foot).
The average size of a house on HEREWARD PLACE is 146 sq meters (1,573 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Church Lane |
Apr 2024 | Bicycle theft | On or near Stamford (Station) | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wothorpe Mews |
Apr 2024 | Shoplifting | Under investigation | On or near High Street St Martin'S |
Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street St Martin'S |