£736,339
This estimated value is based upon the latest sale price for the house of £465,000 on 26 Feb 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £465,000 | 26 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 February 2014 the House Price Index for LINCOLNSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £465,000 results in an estimated price of approximately £736,339.
| 26 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £465,000 | £271,339 | £736,339 |
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 | 30.179 % | £140,332 | £605,332 |
| 3 Month Average | 30.671 % | £142,621 | £607,621 |
| 6 Month Average | 41.250 % | £191,812 | £656,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £229,159 | £227,000 | 16 BLUE CEDAR DRIVE |
| 12 Jan 2023 | £324,969 | £326,500 | 62 PILLEYS LANE |
| 15 Aug 2022 | £373,993 | £375,000 | 10 BURTON CLOSE |
| 1 Apr 2022 | £458,261 | £445,000 | 49 SIBSEY ROAD |
| 24 Mar 2022 | £694,296 | £670,000 | PANORAMA SIBSEY ROAD |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 2 Jul 2013. Using an estimated price of £736,339 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on SIBSEY ROAD is 211 sq meters (2,271 sq feet).
This house is the largest in the street with a floor area of 274 sq meters (2,949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Castle Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Castle Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sibsey Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Sibsey Road |