£189,103
This estimated value is based upon the latest sale price for the house of £140,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2016 the House Price Index for LINCOLNSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £140,000 results in an estimated price of approximately £189,103.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £140,000 | £49,103 | £189,103 |
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 | 38.346 % | £53,684 | £193,684 |
| 3 Month Average | 32.912 % | £46,077 | £186,077 |
| 6 Month Average | 34.371 % | £48,119 | £188,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £179,067 | £177,500 | 7 MAYFLOWER ROAD |
| 26 Jul 2023 | £197,660 | £195,000 | 121 WOODTHORPE AVENUE |
| 20 Jan 2023 | £154,273 | £155,000 | 182 WELLINGTON ROAD |
| 9 Jun 2022 | £157,222 | £155,000 | 202 WELLINGTON ROAD |
| 27 May 2022 | £305,761 | £300,000 | 88 KINGSWAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 2 Apr 2016. Using an estimated price of £189,103 means this house is valued at £1,703 per sq meter (£158 per sq foot).
The average size of a house on WELLINGTON ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Road |
| Dec 2023 | Criminal damage and arson | Offender given a caution | On or near Mayflower Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayflower Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hide Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hide Close |