£944,591
This estimated value is based upon the latest sale price for the house of £780,000 on 12 Jun 2020. 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 Church Lane
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Price Paid | Date |
---|---|
£780,000 | 12 Jun 2020 |
£167,500 | 7 Feb 2003 |
Semi-Detached |
Freehold |
Floor Area: 192 sq meters or 2,066 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £780,000 results in an estimated price of approximately £944,591.
12 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £780,000 | £164,591 | £944,591 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 69.289 % | £540,453 | £1,320,453 |
3 Month Average | 5.523 % | £43,077 | £823,077 |
6 Month Average | 27.763 % | £216,551 | £996,551 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £888,149 | £875,000 | 20 HEREWARD PLACE |
15 Sep 2023 | £339,339 | £335,000 | 7 GRESLEY DRIVE |
14 Apr 2022 | £751,753 | £730,000 | 54 HIGH STREET |
31 Mar 2022 | £450,774 | £435,000 | 21 WOTHORPE MEWS |
25 Feb 2022 | £728,843 | £695,000 | 18 HEREWARD PLACE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 11 May 2020. Using an estimated price of £944,592 means this house is valued at £4,919 per sq meter (£457 per sq foot).
The average size of a house on CHURCH LANE is 113 sq meters (1,221 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Church Lane |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wothorpe Mews |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street St Martin'S |
Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street St Martin'S |