£1,563,480
This estimated value is based upon the latest sale price for the house of £1,445,641 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,445,641 | 15 Nov 2021 |
| 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £1,445,641 results in an estimated price of approximately £1,563,480.
| 15 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £1,445,641 | £117,839 | £1,563,480 |
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 | -2.837 % | £-41,008 | £1,404,632 |
| 3 Month Average | -1.078 % | £-15,578 | £1,430,062 |
| 6 Month Average | -0.721 % | £-10,417 | £1,435,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £187,396 | £185,000 | 51 SPAYNE ROAD |
| 1 Sep 2023 | £68,374 | £67,500 | 1 ALBION TERRACE |
| 28 Jun 2023 | £75,920 | £75,000 | 12 THREADNEEDLE STREET |
| 11 Apr 2023 | £122,317 | £121,000 | 1 MAIN RIDGE WEST |
| 19 Aug 2022 | £107,211 | £107,500 | 46 PEN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Main Ridge West | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near John Adams Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spain Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spain Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spayne Road |