£185,308
This estimated value is based upon the latest sale price for the house of £150,000 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 |
|---|---|
| £150,000 | 29 Mar 2019 |
| £97,000 | 30 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £150,000 results in an estimated price of approximately £185,308.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £150,000 | £35,308 | £185,308 |
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 | 9.443 % | £14,164 | £164,164 |
| 3 Month Average | -1.787 % | £-2,680 | £147,319 |
| 6 Month Average | 9.661 % | £14,490 | £164,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £172,555 | £170,000 | 121 WOODVILLE ROAD |
| 8 Sep 2023 | £182,331 | £180,000 | 93 IVY CRESCENT |
| 17 Jul 2023 | £112,965 | £111,445 | 18 BRADFORD ROAD |
| 13 Feb 2023 | £247,833 | £248,000 | 18 IVY CRESCENT |
| 2 Nov 2022 | £54,342 | £55,000 | 23 BRADFORD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Aug 2018. Using an estimated price of £185,308 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on WOODVILLE ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ivy Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ivy Crescent |
| Dec 2023 | Anti-social behaviour | On or near Ivy Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Ivy Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Ivy Crescent |