£197,940
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Feb 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Feb 2014 |
| 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 February 2014 the House Price Index for LINCOLNSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £125,000 results in an estimated price of approximately £197,940.
| 11 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £125,000 | £72,940 | £197,940 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 30.179 % | £37,723 | £162,723 |
| 3 Month Average | 30.671 % | £38,339 | £163,339 |
| 6 Month Average | 41.250 % | £51,562 | £176,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £178,116 | £175,000 | 73 HESSLE DRIVE |
| 17 Nov 2023 | £185,750 | £183,000 | 34 ACACIA WAY |
| 31 Jul 2023 | £172,319 | £170,000 | 4 HESSLE AVENUE |
| 13 May 2022 | £206,389 | £202,500 | 34 HESSLE DRIVE |
| 28 Jan 2022 | £163,123 | £155,000 | 49 HESSLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acacia Way |
| Mar 2024 | Public order | Under investigation | On or near Westfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
| Mar 2024 | Anti-social behaviour | On or near Cherry Walk |