£180,575
This estimated value is based upon the latest sale price for the house of £97,000 on 25 Mar 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 25 Mar 2005 |
| £45,450 | 22 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2005 the House Price Index for LINCOLNSHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £97,000 results in an estimated price of approximately £180,575.
| 25 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £97,000 | £83,575 | £180,575 |
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 | 46.671 % | £45,271 | £142,271 |
| 3 Month Average | 47.498 % | £46,072 | £143,072 |
| 6 Month Average | 51.615 % | £50,066 | £147,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £156,182 | £154,080 | 16 WESTFIELD AVENUE |
| 23 Jun 2023 | £111,349 | £110,000 | FLAT 3 WILLOW COURT SLEAFORD ROAD |
| 2 Jun 2023 | £182,207 | £180,000 | 20 CHERRY WALK |
| 5 Jan 2023 | £174,180 | £175,000 | 14 CHERRY WALK |
| 28 Oct 2022 | £178,083 | £180,000 | 23 WESTFIELD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Jul 2014. Using an estimated price of £180,576 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on WESTFIELD AVENUE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Westfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |