£446,573
This estimated value is based upon the latest sale price for the house of £365,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £365,000 | 28 Feb 2020 |
| £195,000 | 6 Dec 2011 |
| £179,000 | 18 Nov 2005 |
| £95,000 | 7 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 955 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 February 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £365,000 results in an estimated price of approximately £446,573.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £365,000 | £81,573 | £446,573 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 71.533 % | £261,095 | £626,095 |
| 3 Month Average | 17.616 % | £64,297 | £429,297 |
| 6 Month Average | 27.933 % | £101,953 | £466,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £316,332 | £312,500 | 54 HIGHLANDS WAY |
| 20 Mar 2023 | £121,141 | £120,000 | SUTHERLAND WAY NEWSAGENTS SUTHERLAND WAY |
| 9 Mar 2023 | £333,139 | £330,000 | 8 SUTHERLAND WAY |
| 31 Oct 2022 | £329,453 | £333,000 | 4 TENNYSON WAY |
| 25 Jul 2022 | £310,837 | £310,000 | 51 HIGHLANDS WAY |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 18 Jul 2011. Using an estimated price of £446,574 means this house is valued at £5,032 per sq meter (£467 per sq foot).
The average size of a house on SUTHERLAND WAY is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Highgrove Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Sutherland Way |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way | |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way | |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way |