£615,199
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 29 Mar 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 March 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £500,000 results in an estimated price of approximately £615,199.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £500,000 | £115,199 | £615,199 |
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 | 49.857 % | £249,285 | £749,285 |
| 3 Month Average | 10.187 % | £50,933 | £550,933 |
| 6 Month Average | 20.113 % | £100,565 | £600,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £195,853 | £194,000 | 15 MEADOW BANK |
| 10 Mar 2023 | £196,060 | £195,000 | 3 THE MARSH |
| 6 Jan 2023 | £193,302 | £195,000 | 3 MAIN ROAD |
| 29 Jul 2022 | £277,625 | £278,000 | ELDERBERRY HOUSE OUTGATE ROAD |
| 26 May 2022 | £395,885 | £390,000 | PARK VIEW SHEEPGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Sea Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sea Lane |
| Apr 2024 | Burglary | Under investigation | On or near West End Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West End Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Butterwick Road |