£191,807
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Mar 2023. 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 Love Lane
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| Price Paid | Date |
|---|---|
| £190,000 | 14 Mar 2023 |
| £155,000 | 21 Jan 2005 |
| £86,000 | 28 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 March 2023 the House Price Index for LINCOLNSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £190,000 results in an estimated price of approximately £191,807.
| 14 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £190,000 | £1,807 | £191,807 |
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 | 111.060 % | £211,013 | £401,013 |
| 3 Month Average | 0.372 % | £707 | £190,707 |
| 6 Month Average | -2.253 % | £-4,280 | £185,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £72,264 | £71,000 | 16 GEORGIAN COURT |
| 1 Dec 2023 | £71,241 | £69,995 | 50 GEORGIAN COURT |
| 31 Mar 2023 | £262,473 | £260,000 | 15 CHURCHGATE |
| 14 Mar 2023 | £191,807 | £190,000 | 53 LOVE LANE |
| 13 Jan 2023 | £64,695 | £65,000 | 47 GEORGIAN COURT |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 1 Sep 2020. Using an estimated price of £191,807 means this house is valued at £1,431 per sq meter (£132 per sq foot).
The average size of a house on LOVE LANE is 145 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Love Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Love Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ayscough Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ayscough Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Gardens |