£160,897
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Jul 2021 |
| £128,000 | 14 Aug 2007 |
| £108,000 | 4 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2021 the House Price Index for LINCOLNSHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £140,000 results in an estimated price of approximately £160,897.
| 16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £140,000 | £20,897 | £160,897 |
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 | 81.365 % | £113,910 | £253,910 |
| 3 Month Average | 5.414 % | £7,580 | £147,580 |
| 6 Month Average | 6.809 % | £9,533 | £149,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £166,237 | £164,000 | 6 HAGUE COURT HORSESHOE ROAD |
| 28 Mar 2023 | £153,950 | £152,500 | 3 DELFT COURT HORSESHOE ROAD |
| 20 Feb 2023 | £259,825 | £260,000 | 23 MANSELL CLOSE |
| 1 Feb 2023 | £153,896 | £154,000 | 14 BOURNE ROAD |
| 19 Aug 2022 | £129,651 | £130,000 | 16 MANSELL CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Jun 2016. Using an estimated price of £160,897 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on BOURNE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Quaker Lane | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quaker Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Quaker Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mansell Close |
| Jan 2024 | Shoplifting | Under investigation | On or near Mansell Close |