£244,585
This estimated value is based upon the latest sale price for the house of £162,500 on 8 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,500 | 8 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 896 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 September 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £162,500 results in an estimated price of approximately £244,585.
| 8 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £162,500 | £82,085 | £244,585 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 135.921 % | £220,871 | £383,371 |
| 3 Month Average | 41.088 % | £66,768 | £229,268 |
| 6 Month Average | 45.031 % | £73,174 | £235,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £231,844 | £232,000 | 50 WOOLRAM WYGATE |
| 4 Aug 2022 | £264,289 | £265,000 | 31 CATHEDRAL DRIVE |
| 4 Aug 2022 | £418,872 | £420,000 | 3 PARK LANE |
| 3 Aug 2022 | £294,208 | £295,000 | 7 PARK CLOSE |
| 14 Jul 2022 | £317,852 | £316,996 | 33 CATHEDRAL DRIVE |
This house has a floor area of 83 sq meters or 896 sq feet when measured on 23 Sep 2011. Using an estimated price of £244,585 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on CATHEDRAL DRIVE is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lincoln Way |
| Feb 2024 | Possession of weapons | Under investigation | On or near Lincoln Way |