£263,393
This estimated value is based upon the latest sale price for the house of £195,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 23 Mar 2016 |
| £165,000 | 24 Mar 2014 |
| £150,000 | 13 May 2013 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2016 the House Price Index for LINCOLNSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £195,000 results in an estimated price of approximately £263,393.
| 23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £195,000 | £68,393 | £263,393 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 60.875 % | £118,706 | £313,706 |
| 3 Month Average | 30.248 % | £58,983 | £253,983 |
| 6 Month Average | 59.354 % | £115,739 | £310,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £263,367 | £260,000 | 51 RUTLAND ROAD |
| 18 Aug 2023 | £242,068 | £239,950 | 15 DRIFT GARDENS |
| 16 Jun 2023 | £288,495 | £285,000 | 4 MASTERTON CLOSE |
| 7 Sep 2022 | £272,797 | £275,000 | 10 MASTERTON CLOSE |
| 26 Aug 2022 | £254,315 | £255,000 | 6 MASTERTON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Apr 2012. Using an estimated price of £263,394 means this house is valued at £4,703 per sq meter (£436 per sq foot).
The average size of a house on MASTERTON CLOSE is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Masterton Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lincoln Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Road |