£354,238
This estimated value is based upon the latest sale price for the house of £284,000 on 8 May 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £284,000 | 8 May 2018 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 sq feet |
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 2018 the House Price Index for LINCOLNSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £284,000 results in an estimated price of approximately £354,238.
| 8 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £284,000 | £70,238 | £354,238 |
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 | 5.756 % | £16,348 | £300,348 |
| 3 Month Average | 12.877 % | £36,569 | £320,569 |
| 6 Month Average | 19.759 % | £56,115 | £340,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £210,618 | £207,500 | 8 WILLOUGHBY ROAD |
| 10 Nov 2023 | £219,246 | £216,000 | 4 CHERRY HOLT ROAD |
| 26 Sep 2023 | £1,316,837 | £1,300,000 | BLUE SKY PLASTICS TUNNEL BANK |
| 1 Mar 2023 | £201,902 | £200,000 | 34 EASTGATE |
| 3 Feb 2023 | £89,939 | £90,000 | PILBEAM RACING DESIGNS GRAHAM HILL WAY |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 4 Aug 2018. Using an estimated price of £354,239 means this house is valued at £2,951 per sq meter (£274 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Fen Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |