£240,427
This estimated value is based upon the latest sale price for the house of £186,000 on 4 Apr 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £186,000 | 4 Apr 2017 |
| £39,500 | 2 Jul 1997 |
| Detached |
| 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 April 2017 the House Price Index for LINCOLNSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £186,000 results in an estimated price of approximately £240,427.
| 4 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £186,000 | £54,427 | £240,427 |
The Postcode Pricing Model uses changes in average sales price within the PE20 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 | 66.065 % | £122,881 | £308,881 |
| 3 Month Average | 13.288 % | £24,714 | £210,714 |
| 6 Month Average | 50.156 % | £93,289 | £279,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £162,849 | £160,000 | 2 ST. MICHAELS COTTAGE BOARDSIDES |
| 29 Sep 2023 | £189,422 | £187,000 | 129 SWINESHEAD ROAD |
| 24 Aug 2023 | £403,530 | £400,000 | THE GABLE SWINESHEAD ROAD |
| 15 Aug 2023 | £312,736 | £310,000 | 63 SWINESHEAD ROAD |
| 26 Jun 2023 | £2,530,654 | £2,500,000 | FACTORY NEW HAMMOND BECK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fen Drove |
| Feb 2024 | Anti-social behaviour | On or near Swineshead Road | |
| Feb 2024 | Anti-social behaviour | On or near Swineshead Road | |
| Jan 2024 | Burglary | Under investigation | On or near New Hammond Beck Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near New Hammond Beck Road |