£593,305
This estimated value is based upon the latest sale price for the house of £323,500 on 30 Jan 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £323,500 | 30 Jan 2009 |
| £170,000 | 21 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,594 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 January 2009 the House Price Index for LINCOLNSHIRE was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £323,500 results in an estimated price of approximately £593,305.
| 30 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £323,500 | £269,805 | £593,305 |
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 | 114.713 % | £371,094 | £694,594 |
| 3 Month Average | 108.208 % | £350,051 | £673,551 |
| 6 Month Average | 111.866 % | £361,885 | £685,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £348,154 | £343,000 | 48 QUEENS WALK |
| 21 Nov 2023 | £1,086,079 | £1,070,000 | 68 ROMAN BANK |
| 1 Nov 2023 | £390,786 | £385,000 | 57 QUEENS WALK |
| 21 Jul 2022 | £521,404 | £520,000 | 87 QUEENS WALK |
| 14 Jul 2022 | £892,402 | £890,000 | 44 ROMAN BANK |
This house has a floor area of 148 sq meters or 1,594 sq feet when measured on 23 Oct 2008. Using an estimated price of £593,305 means this house is valued at £4,004 per sq meter (£372 per sq foot).
The average size of a house on ROMAN BANK is 153 sq meters (1,654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St Clement'S |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roman Bank |
| Jan 2024 | Other theft | Under investigation | On or near Clare Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Clare Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Close |