£224,074
This estimated value is based upon the latest sale price for the house of £130,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £130,000 | 16 Dec 2011 |
| £80,000 | 19 Sep 2001 |
| £38,000 | 17 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 917 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 December 2011 the House Price Index for LINCOLNSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £130,000 results in an estimated price of approximately £224,074.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £130,000 | £94,074 | £224,074 |
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 | 53.629 % | £69,717 | £199,717 |
| 3 Month Average | 40.740 % | £52,962 | £182,962 |
| 6 Month Average | 51.096 % | £66,424 | £196,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £185,750 | £183,000 | 34 ACACIA WAY |
| 23 Jun 2023 | £111,349 | £110,000 | FLAT 3 WILLOW COURT SLEAFORD ROAD |
| 4 Jul 2022 | £115,310 | £115,000 | FLAT 4 MAPLE COURT SLEAFORD ROAD |
| 10 May 2022 | £132,446 | £129,950 | FLAT 1 ELM COURT SLEAFORD ROAD |
| 21 Apr 2022 | £308,940 | £300,000 | 2 OLD MILL COURT |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 13 Nov 2011. Using an estimated price of £224,074 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on ACACIA WAY is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acacia Way |
| 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 |