£259,330
This estimated value is based upon the latest sale price for the house of £255,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 31 Mar 2023 |
£198,995 | 20 May 2016 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2023 the House Price Index for LINCOLNSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £255,000 results in an estimated price of approximately £259,330.
31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £255,000 | £4,330 | £259,330 |
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 | 27.532 % | £70,206 | £325,206 |
3 Month Average | 0.054 % | £138 | £255,138 |
6 Month Average | -2.933 % | £-7,478 | £247,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £227,782 | £222,000 | 3 STOUR CLOSE |
24 Oct 2023 | £191,346 | £187,000 | 14 WAVENEY CLOSE |
13 Oct 2023 | £204,648 | £200,000 | 6 CAULDER CLOSE |
30 Jun 2023 | £204,039 | £199,950 | 5 BETJEMAN CLOSE |
31 Mar 2023 | £259,331 | £255,000 | 17 WITHAM ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 8 Apr 2016. Using an estimated price of £259,331 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on WITHAM ROAD is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Stour Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Danube Square |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Danube Square |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Danube Square |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Trent Close |