£460,951
This estimated value is based upon the latest sale price for the house of £190,000 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 2003 the House Price Index for LINCOLNSHIRE was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £190,000 results in an estimated price of approximately £460,951.
| 28 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £190,000 | £270,951 | £460,951 |
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 | 246.371 % | £468,105 | £658,105 |
| 3 Month Average | 160.288 % | £304,547 | £494,547 |
| 6 Month Average | 189.401 % | £359,862 | £549,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £263,367 | £260,000 | 15 CEDAR ROAD |
| 12 Jul 2023 | £608,186 | £600,000 | 59 CEDAR ROAD |
| 15 Jul 2022 | £456,228 | £455,000 | 3 BEECH GROVE |
| 8 Jul 2022 | £300,810 | £300,000 | 9 HAZEL GROVE |
| 1 Jul 2022 | £296,799 | £296,000 | 12 CEDAR ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 8 Mar 2014. Using an estimated price of £460,952 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on CEDAR ROAD is 112 sq meters (1,210 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Charlock Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marigold Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marigold Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |