£274,559
This estimated value is based upon the latest sale price for the house of £142,500 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,500 | 13 Aug 2004 |
| £82,500 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 206 sq meters or 2,217 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 August 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £142,500 results in an estimated price of approximately £274,559.
| 13 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £142,500 | £132,059 | £274,559 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 38.994 % | £55,565 | £198,065 |
| 3 Month Average | 44.292 % | £63,115 | £205,615 |
| 6 Month Average | 61.735 % | £87,972 | £230,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £180,000 | £180,000 | 1 TYTTON LANE EAST |
| 6 Nov 2023 | £182,705 | £180,000 | 20 WOODSIDE |
| 15 Sep 2023 | £344,404 | £340,000 | 3 TYTTON LANE EAST |
| 28 Jul 2022 | £176,486 | £176,011 | 54 FIELD DRIVE |
| 4 Jul 2022 | £97,262 | £97,000 | 179 LONDON ROAD |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 14 Apr 2016. Using an estimated price of £274,559 means this house is valued at £1,332 per sq meter (£123 per sq foot).
The average size of a house on LONDON ROAD is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near London Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near London Road |
| Dec 2023 | Drugs | Under investigation | On or near London Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1397 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B1397 |