£1,078,525
This estimated value is based upon the latest sale price for the house of £966,754 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £966,754 | 31 Aug 2021 |
| £500,000 | 22 Dec 2015 |
| 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £966,754 results in an estimated price of approximately £1,078,525.
| 31 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £966,754 | £111,771 | £1,078,525 |
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 | -36.234 % | £-350,298 | £616,455 |
| 3 Month Average | -17.757 % | £-171,665 | £795,088 |
| 6 Month Average | -9.070 % | £-87,688 | £879,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £139,883 | £138,000 | 16 TUNNARD STREET |
| 12 Jun 2023 | £96,165 | £95,000 | 32 RED LION STREET |
| 6 Apr 2023 | £108,165 | £107,000 | 3 CHAPEL STREET |
| 31 Mar 2023 | £131,236 | £130,000 | 33 RED LION STREET |
| 4 Nov 2022 | £1,630,253 | £1,650,000 | 5 STRAIT BARGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |