£1,039,703
This estimated value is based upon the latest sale price for the house of £850,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £850,000 | 22 May 2020 |
| 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 May 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £850,000 results in an estimated price of approximately £1,039,703.
| 22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £850,000 | £189,703 | £1,039,703 |
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 | -23.115 % | £-196,473 | £653,526 |
| 3 Month Average | 2.600 % | £22,101 | £872,101 |
| 6 Month Average | 14.916 % | £126,788 | £976,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £164,439 | £163,000 | 30C EASTGATE |
| 31 Jul 2023 | £251,383 | £248,000 | 17 POTTERS CLOSE |
| 1 Jun 2023 | £161,962 | £160,000 | 2 TANNERY CLOSE |
| 17 Mar 2023 | £63,599 | £63,000 | 36 EASTGATE |
| 1 Mar 2023 | £201,902 | £200,000 | 34 EASTGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tannery Close |
| Dec 2023 | Other theft | Under investigation | On or near Tannery Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bedehouse Bank |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Bedehouse Bank |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darnes Close |