£209,648
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Apr 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2013 the House Price Index for LINCOLNSHIRE was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £125,000 results in an estimated price of approximately £209,648.
| 4 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £125,000 | £84,648 | £209,648 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 49.224 % | £61,530 | £186,530 |
| 3 Month Average | 39.339 % | £49,173 | £174,173 |
| 6 Month Average | 49.402 % | £61,752 | £186,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £172,319 | £170,000 | 4 HESSLE AVENUE |
| 25 Jul 2023 | £156,182 | £154,080 | 16 WESTFIELD AVENUE |
| 2 Jun 2023 | £182,207 | £180,000 | 20 CHERRY WALK |
| 5 Jan 2023 | £174,180 | £175,000 | 14 CHERRY WALK |
| 28 Oct 2022 | £178,083 | £180,000 | 23 WESTFIELD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 Sep 2012. Using an estimated price of £209,649 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on CHERRY WALK is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cherry Walk | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Cherry Walk |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Woodville Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Woodville Road |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Woodville Road |