£397,083
This estimated value is based upon the latest sale price for the house of £124,000 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 30 Nov 2001 |
| £75,500 | 29 Feb 2000 |
| £67,000 | 1 Apr 1998 |
| £59,000 | 22 May 1996 |
| 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 November 2001 the House Price Index for LINCOLNSHIRE was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £124,000 results in an estimated price of approximately £397,083.
| 30 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £124,000 | £273,083 | £397,083 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | 145.743 % | £180,721 | £304,721 |
| 3 Month Average | 182.870 % | £226,759 | £350,759 |
| 6 Month Average | 185.689 % | £230,254 | £354,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £430,504 | £425,000 | 8 DEENE CLOSE |
| 16 Aug 2023 | £443,883 | £440,000 | 49 TATTERSHALL DRIVE |
| 8 Aug 2023 | £393,442 | £390,000 | 8 GRIMSTHORPE CLOSE |
| 30 Jun 2023 | £430,211 | £425,000 | 4A DEENE CLOSE |
| 27 Jun 2023 | £840,177 | £830,000 | 8 MILLFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Chatsworth Close |
| Mar 2024 | Drugs | Under investigation | On or near Green Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millfield Road |
| Mar 2024 | Drugs | Under investigation | On or near Millfield Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Millfield Road |