£299,448
This estimated value is based upon the latest sale price for the house of £200,000 on 27 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 27 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 263 sq meters or 2,830 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 November 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £200,000 results in an estimated price of approximately £299,448.
| 27 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £200,000 | £99,448 | £299,448 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 137.113 % | £274,226 | £474,226 |
| 3 Month Average | 68.808 % | £137,615 | £337,615 |
| 6 Month Average | 52.753 % | £105,505 | £305,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £304,088 | £299,995 | 10 RIVER BANK |
| 19 Apr 2023 | £293,156 | £290,000 | 14 RIVER BANK |
| 31 Mar 2023 | £191,807 | £190,000 | 21 CRADGE BANK |
| 15 Jul 2022 | £150,405 | £150,000 | 28 LITTLE LONDON |
| 6 May 2022 | £346,529 | £340,000 | 4 MANOR CLOSE |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 7 Jul 2016. Using an estimated price of £299,448 means this house is valued at £1,138 per sq meter (£105 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Petrol Station |