£1,479,716
This estimated value is based upon the latest sale price for the house of £1,205,998 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,205,998 | 4 Sep 2019 |
| Freehold |
| Floor Area: 67 sq meters or 721 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 September 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £1,205,998 results in an estimated price of approximately £1,479,716.
| 4 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £1,205,998 | £273,718 | £1,479,716 |
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 | -0.604 % | £-7,279 | £1,198,718 |
| 3 Month Average | 0.774 % | £9,332 | £1,215,330 |
| 6 Month Average | 3.906 % | £47,111 | £1,253,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £268,432 | £265,000 | 113 CHURCH ROAD |
| 23 Jun 2023 | £161,962 | £160,000 | 22 WOAD FARM ROAD |
| 28 Apr 2023 | £155,676 | £154,000 | 18 WOAD FARM ROAD |
| 14 Apr 2023 | £146,578 | £145,000 | 5 BREWSTER ROAD |
| 3 Mar 2023 | £161,522 | £160,000 | 38 WELLINGTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Dec 2019. Using an estimated price of £1,479,716 means this house is valued at £22,085 per sq meter (£2,051 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brewster Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Burgess Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Burgess Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burgess Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freiston Road |