£160,938
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 11 Jun 2021 |
| £118,000 | 7 Nov 2014 |
| £104,000 | 8 Aug 2006 |
| £94,950 | 3 Sep 2003 |
| £47,000 | 2 Feb 2001 |
| 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £150,000 results in an estimated price of approximately £160,938.
| 11 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £150,000 | £10,938 | £160,938 |
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 | 8.104 % | £12,156 | £162,156 |
| 3 Month Average | -0.259 % | £-388 | £149,611 |
| 6 Month Average | 15.442 % | £23,162 | £173,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £193,695 | £192,000 | 40 MONTEITH CRESCENT |
| 24 Apr 2023 | £159,720 | £158,000 | 15 BELTON CLOSE |
| 5 Jan 2023 | £162,733 | £163,500 | 38 BELTON CLOSE |
| 21 Apr 2022 | £154,418 | £149,950 | 47 ELIZABETH ROAD |
| 20 Dec 2021 | £166,010 | £154,950 | 51 ELIZABETH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Aug 2014. Using an estimated price of £160,939 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on ELIZABETH ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Belton Close |
| Feb 2024 | Public order | Under investigation | On or near Elizabeth Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belton Close |
| Jan 2024 | Anti-social behaviour | On or near Elizabeth Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elizabeth Road |