£245,964
This estimated value is based upon the latest sale price for the house of £144,500 on 5 Jul 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,500 | 5 Jul 2012 |
| £165,000 | 4 Nov 2005 |
| £155,000 | 7 Oct 2005 |
| £64,950 | 13 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,129 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 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £144,500 results in an estimated price of approximately £245,964.
| 5 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £144,500 | £101,464 | £245,964 |
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 | 32.141 % | £46,443 | £190,943 |
| 3 Month Average | 30.116 % | £43,517 | £188,017 |
| 6 Month Average | 41.667 % | £60,209 | £204,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £199,551 | £197,000 | 59 PRINCESS ANNE ROAD |
| 17 Aug 2023 | £100,883 | £100,000 | 1 HIGHGROVE CRESCENT |
| 4 Aug 2023 | £221,942 | £220,000 | 56 PRINCESS ANNE ROAD |
| 3 Mar 2023 | £199,378 | £197,500 | 23 PRINCESS ANNE ROAD |
| 26 Aug 2022 | £188,493 | £189,000 | 13 PRINCESS ANNE ROAD |
This house has a floor area of 104 sq meters or 1,129 sq feet when measured on 24 Feb 2012. Using an estimated price of £245,965 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on ZARA CLOSE is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highgrove Crescent |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Highgrove Crescent | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Drive |