£167,139
This estimated value is based upon the latest sale price for the house of £78,000 on 16 Jan 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 16 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for LINCOLNSHIRE was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £78,000 results in an estimated price of approximately £167,139.
| 16 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £78,000 | £89,139 | £167,139 |
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 | 83.566 % | £65,181 | £143,181 |
| 3 Month Average | 70.757 % | £55,190 | £133,190 |
| 6 Month Average | 85.071 % | £66,355 | £144,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £183,500 | £183,500 | 49 HORNCASTLE ROAD |
| 27 Jul 2023 | £405,457 | £400,000 | 86 WILLOUGHBY ROAD |
| 4 Jul 2023 | £118,596 | £117,000 | 25 GRAND SLUICE LANE |
| 24 Apr 2023 | £114,230 | £113,000 | 17 GRAND SLUICE LANE |
| 21 Apr 2023 | £202,177 | £200,000 | 35 HORNCASTLE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Sep 2020. Using an estimated price of £167,139 means this house is valued at £2,532 per sq meter (£235 per sq foot).
The average size of a house on GRAND SLUICE LANE is 80 sq meters (862 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Sluice Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hope Gardens |
| Feb 2024 | Anti-social behaviour | On or near Hope Gardens |