£261,372
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 28 Jun 2019 |
| 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 June 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £210,000 results in an estimated price of approximately £261,372.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £210,000 | £51,372 | £261,372 |
The Postcode Pricing Model uses changes in average sales price within the PE22 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 | 36.227 % | £76,076 | £286,076 |
| 3 Month Average | 50.453 % | £105,951 | £315,951 |
| 6 Month Average | 28.421 % | £59,683 | £269,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £163,000 | £163,000 | 18 LACEYS LANE |
| 1 Mar 2024 | £431,632 | £425,000 | WESTHORPE HOUSE WEST END ROAD |
| 10 Aug 2023 | £239,316 | £235,000 | 18 LACEYS DRIVE |
| 20 Jun 2023 | £316,339 | £310,000 | THE BUNGALOW LACEYS LANE |
| 9 Mar 2023 | £174,921 | £172,000 | 6 LACEYS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowfields Road |
| Jul 2024 | Other theft | Under investigation | On or near West End Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near West End Road |
| Jun 2024 | Anti-social behaviour | On or near Lacey'S Lane | |
| Jun 2024 | Anti-social behaviour | On or near Lacey'S Lane |