£165,710
This estimated value is based upon the latest sale price for the house of £74,000 on 15 Oct 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £74,000 | 15 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2003 the House Price Index for LINCOLNSHIRE was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £74,000 results in an estimated price of approximately £165,710.
| 15 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £74,000 | £91,710 | £165,710 |
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 | 83.377 % | £61,698 | £135,698 |
| 3 Month Average | 76.129 % | £56,335 | £130,335 |
| 6 Month Average | 89.379 % | £66,140 | £140,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £85,000 | £85,000 | 17 PORCHER WAY |
| 3 Nov 2023 | £150,173 | £147,950 | 1B SUNNINGDALE DRIVE |
| 4 Aug 2023 | £147,289 | £146,000 | 4 FENSIDE ROAD |
| 7 Jul 2022 | £190,513 | £190,000 | 16 FENSIDE ROAD |
| 10 Feb 2022 | £194,008 | £185,000 | 41 FENSIDE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Apr 2013. Using an estimated price of £165,711 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on PORCHER WAY is 115 sq meters (1,243 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Porcher Way |
| Jan 2024 | Anti-social behaviour | On or near Porcher Way | |
| Jan 2024 | Anti-social behaviour | On or near Porcher Way | |
| Jan 2024 | Anti-social behaviour | On or near Porcher Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Franklin Close |