£266,656
This estimated value is based upon the latest sale price for the house of £70,500 on 12 May 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,500 | 12 May 2000 |
| 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 May 2000 the House Price Index for LINCOLNSHIRE was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £70,500 results in an estimated price of approximately £266,656.
| 12 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £70,500 | £196,156 | £266,656 |
The Postcode Pricing Model uses changes in average sales price within the PE20 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 | 409.254 % | £288,523 | £359,023 |
| 3 Month Average | 261.464 % | £184,331 | £254,831 |
| 6 Month Average | 295.460 % | £208,299 | £278,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £293,756 | £290,000 | 9 LOCKTON CLOSE |
| 3 Feb 2023 | £239,839 | £240,000 | 19 LOCKTON CLOSE |
| 3 Feb 2023 | £141,405 | £141,500 | 3 COLES LANE |
| 10 Jan 2023 | £646,952 | £650,000 | CREST HOUSE COLES LANE |
| 6 Jan 2023 | £303,570 | £305,000 | THE COTTAGE COLES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hillcrest Gardens |
| Dec 2023 | Anti-social behaviour | On or near Hillcrest Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Hillcrest Gardens | |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Hillcrest Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hillcrest Gardens |