£345,600
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Jul 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 15 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £200,000 results in an estimated price of approximately £345,600.
| 15 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £200,000 | £145,600 | £345,600 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 29.340 % | £58,680 | £258,680 |
| 3 Month Average | 53.216 % | £106,432 | £306,432 |
| 6 Month Average | 57.451 % | £114,901 | £314,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £219,246 | £216,000 | 4 CHERRY HOLT ROAD |
| 26 Sep 2023 | £1,316,837 | £1,300,000 | BLUE SKY PLASTICS TUNNEL BANK |
| 24 Aug 2023 | £164,439 | £163,000 | 30C EASTGATE |
| 1 Jun 2023 | £161,962 | £160,000 | 2 TANNERY CLOSE |
| 17 Mar 2023 | £63,599 | £63,000 | 36 EASTGATE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 19 Apr 2014. Using an estimated price of £345,601 means this house is valued at £3,797 per sq meter (£352 per sq foot).
There is one other house on the street which we know the size of, this is 3 SOUTH FEN it is 56.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Fen Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darnes Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darnes Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tannery Close |
| Dec 2023 | Other theft | Under investigation | On or near Tannery Close |