£166,126
This estimated value is based upon the latest sale price for the house of £135,000 on 2 Aug 2019. 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 Corinne Grove
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| Price Paid | Date |
|---|---|
| £135,000 | 2 Aug 2019 |
| £114,000 | 16 Dec 2011 |
| £92,500 | 8 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 827 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 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £135,000 results in an estimated price of approximately £166,126.
| 2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £135,000 | £31,126 | £166,126 |
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 | 96.650 % | £130,477 | £265,477 |
| 3 Month Average | 20.434 % | £27,586 | £162,586 |
| 6 Month Average | 18.277 % | £24,674 | £159,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2022 | £419,914 | £425,000 | 8 ABBOTS CRESCENT |
| 28 Jun 2022 | £198,810 | £196,000 | 299 PENNYGATE |
| 15 Jun 2022 | £167,365 | £165,000 | 275 PENNYGATE |
| 15 Mar 2022 | £155,439 | £150,000 | 36 HANNAM BOULEVARD |
| 21 Jan 2022 | £252,578 | £240,000 | 287 PENNYGATE |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 15 Oct 2009. Using an estimated price of £166,126 means this house is valued at £2,160 per sq meter (£200 per sq foot).
The average size of a house on PENNYGATE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Corinne Grove |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Corinne Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Corinne Grove |
| Mar 2024 | Anti-social behaviour | On or near Abbots Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Third Avenue |