£266,530
This estimated value is based upon the latest sale price for the house of £157,500 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,500 | 30 Nov 2012 |
| £64,500 | 16 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2012 the House Price Index for LINCOLNSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £157,500 results in an estimated price of approximately £266,530.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £157,500 | £109,030 | £266,530 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 49.129 % | £77,377 | £234,877 |
| 3 Month Average | 61.536 % | £96,918 | £254,418 |
| 6 Month Average | 64.706 % | £101,911 | £259,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £253,411 | £250,000 | 8 HOME CLOSE |
| 5 Jun 2023 | £364,414 | £360,000 | 4 LARCH CLOSE |
| 11 Aug 2022 | £199,463 | £200,000 | 7 BERKELEY DRIVE |
| 7 Jun 2022 | £202,867 | £200,000 | 31 STRETHAM WAY |
| 6 Dec 2021 | £401,766 | £375,000 | 6 LODGE ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 15 Apr 2012. Using an estimated price of £266,530 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on HOME CLOSE is 171 sq meters (1,846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Mar 2024 | Public order | Under investigation | On or near Holly Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stanley Street |
| Jan 2024 | Other crime | Under investigation | On or near Foxley Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxley Court |