£113,988
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 14 Mar 2022 |
| £73,500 | 11 Jun 2013 |
| £72,000 | 14 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £110,000 results in an estimated price of approximately £113,988.
| 14 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £110,000 | £3,988 | £113,988 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 122.078 % | £134,286 | £244,286 |
| 3 Month Average | 6.563 % | £7,219 | £117,219 |
| 6 Month Average | 25.872 % | £28,459 | £138,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £126,878 | £125,000 | 26 NEWCOMB COURT |
| 18 Aug 2023 | £534,678 | £530,000 | 14 RADCLIFFE ROAD |
| 16 Aug 2023 | £136,191 | £135,000 | 33 NEWCOMB COURT SCOTGATE |
| 21 Jul 2023 | £574,735 | £567,000 | 31 SCOTGATE |
| 24 Mar 2023 | £84,799 | £84,000 | 40 NEWCOMB COURT SCOTGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Drugs | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |