£282,275
This estimated value is based upon the latest sale price for the house of £261,000 on 18 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £261,000 | 18 Nov 2021 |
| 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 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £261,000 results in an estimated price of approximately £282,275.
| 18 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £261,000 | £21,275 | £282,275 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | -18.723 % | £-48,867 | £212,132 |
| 3 Month Average | -4.846 % | £-12,648 | £248,351 |
| 6 Month Average | -0.321 % | £-838 | £260,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £219,246 | £216,000 | 4 CHERRY HOLT ROAD |
| 26 Sep 2023 | £1,316,837 | £1,300,000 | BLUE SKY PLASTICS TUNNEL BANK |
| 1 Jun 2023 | £161,962 | £160,000 | 2 TANNERY CLOSE |
| 1 Mar 2023 | £201,902 | £200,000 | 34 EASTGATE |
| 3 Feb 2023 | £89,939 | £90,000 | PILBEAM RACING DESIGNS GRAHAM HILL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hardy'S Drove |
| Mar 2024 | Anti-social behaviour | On or near Cherry Holt Square | |
| Mar 2024 | Other crime | Under investigation | On or near Cherry Holt Square |
| Feb 2024 | Anti-social behaviour | On or near Cherry Holt Square | |
| Feb 2024 | Anti-social behaviour | On or near Cherry Holt Square |