£197,662
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 8 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 £160,000 results in an estimated price of approximately £197,662.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £160,000 | £37,662 | £197,662 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 143.104 % | £228,965 | £388,965 |
| 3 Month Average | 23.055 % | £36,887 | £196,887 |
| 6 Month Average | 18.829 % | £30,127 | £190,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £202,402 | £199,950 | 5 BETJEMAN CLOSE |
| 19 Jun 2023 | £217,636 | £215,000 | 95 PILGRIMS WAY |
| 11 Nov 2022 | £202,547 | £205,000 | 171 WYGATE ROAD |
| 15 Jul 2022 | £222,599 | £222,000 | 21 WITHAM ROAD |
| 5 Jul 2022 | £221,095 | £220,500 | 8 CAULDER CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Mar 2018. Using an estimated price of £197,662 means this house is valued at £2,220 per sq meter (£206 per sq foot).
There is one other house on the street which we know the size of, this is 4 CANTERBURY CLOSE it is 114.62
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Pilgrim'S Way |
| Mar 2024 | Anti-social behaviour | On or near Pilgrim'S Way | |
| Feb 2024 | Anti-social behaviour | On or near Pilgrim'S Way | |
| Feb 2024 | Anti-social behaviour | On or near Pilgrim'S Way | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Pilgrim'S Way |