£268,340
This estimated value is based upon the latest sale price for the house of £260,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 11 Mar 2022 |
| £390,000 | 7 Jun 2010 |
| 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £260,000 results in an estimated price of approximately £268,340.
| 11 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £260,000 | £8,340 | £268,340 |
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 | -23.168 % | £-60,237 | £199,762 |
| 3 Month Average | 3.055 % | £7,942 | £267,942 |
| 6 Month Average | 7.766 % | £20,191 | £280,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £159,864 | £159,000 | 35 NEW ROAD |
| 28 Nov 2022 | £595,346 | £605,000 | 4 THE CRESCENT |
| 11 Mar 2022 | £268,340 | £260,000 | 5 HALL PLACE |
| 2 Mar 2022 | £247,699 | £240,000 | 14 MARKET PLACE |
| 11 Jan 2022 | £445,860 | £425,375 | 20 - 21 HALL PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hall Place |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Hall Place |
| Apr 2024 | Other crime | Under investigation | On or near Hall Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hall Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Place |