£731,828
This estimated value is based upon the latest sale price for the house of £600,000 on 20 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 20 Jan 2020 |
| 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £600,000 results in an estimated price of approximately £731,828.
| 20 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £600,000 | £131,828 | £731,828 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | -34.912 % | £-209,471 | £390,528 |
| 3 Month Average | 7.371 % | £44,225 | £644,225 |
| 6 Month Average | 15.127 % | £90,759 | £690,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £683,742 | £675,000 | 56A TOWNGATE EAST |
| 21 Apr 2023 | £267,884 | £265,000 | 9 HARRIER WAY |
| 7 Feb 2023 | £294,802 | £295,000 | 38 TOWNGATE EAST |
| 3 Feb 2023 | £669,549 | £670,000 | 33A TOWNGATE EAST |
| 8 Apr 2022 | £167,857 | £163,000 | 6 TOWNGATE MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Acorns |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peterborough Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Peterborough Road |
| Mar 2024 | Public order | Under investigation | On or near North Field Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Field Road |