£210,235
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 3 Apr 2019 |
| £139,950 | 27 May 2004 |
| £65,000 | 5 Jul 2002 |
| £43,000 | 1 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 April 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £170,000 results in an estimated price of approximately £210,235.
| 3 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £170,000 | £40,235 | £210,235 |
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 | 4.392 % | £7,465 | £177,465 |
| 3 Month Average | -0.302 % | £-513 | £169,486 |
| 6 Month Average | 10.026 % | £17,043 | £187,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £157,115 | £155,000 | 34 ROBIN HOODS WALK |
| 23 Jun 2023 | £111,349 | £110,000 | 99 NORFOLK STREET |
| 8 Nov 2022 | £207,487 | £210,000 | 1 FRIAR WAY |
| 20 Jun 2022 | £131,863 | £130,000 | 13 ROBIN HOODS WALK |
| 8 Feb 2022 | £152,061 | £145,000 | 2 HOPE GARDENS |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 20 Jul 2016. Using an estimated price of £210,236 means this house is valued at £1,274 per sq meter (£118 per sq foot).
The average size of a house on NORFOLK STREET is 91 sq meters (987 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
| Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
| Feb 2024 | Anti-social behaviour | On or near Norfolk Street |