£120,960
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Jul 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 8 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 957 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 July 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £70,000 results in an estimated price of approximately £120,960.
| 8 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £70,000 | £50,960 | £120,960 |
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 | 53.890 % | £37,723 | £107,723 |
| 3 Month Average | 42.546 % | £29,782 | £99,782 |
| 6 Month Average | 50.917 % | £35,641 | £105,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £121,803 | £120,000 | 44 WHITE HORSE LANE |
| 18 Aug 2023 | £128,121 | £127,000 | 22 WHITE HORSE LANE |
| 23 Nov 2022 | £76,078 | £77,000 | 6 PULVERTOFT LANE |
| 29 Sep 2022 | £114,079 | £115,000 | 32 OXFORD STREET |
| 24 Jun 2022 | £118,677 | £117,000 | 10B EDWIN STREET |
This house has a floor area of 88 sq meters or 957 sq feet when measured on 1 Sep 2011. Using an estimated price of £120,960 means this house is valued at £1,359 per sq meter (£126 per sq foot).
The average size of a house on EDWIN STREET is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edwin Street |
| Feb 2024 | Anti-social behaviour | On or near Edwin Street | |
| Feb 2024 | Anti-social behaviour | On or near Edwin Street | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Edwin Street |
| Mar 2024 | Anti-social behaviour | On or near South Terrace |