£247,007
This estimated value is based upon the latest sale price for the house of £185,500 on 27 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£185,500 | 27 Jul 2016 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 July 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £185,500 results in an estimated price of approximately £247,007.
27 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £185,500 | £61,507 | £247,007 |
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 | 32.768 % | £60,784 | £246,284 |
3 Month Average | 17.896 % | £33,196 | £218,696 |
6 Month Average | 29.241 % | £54,242 | £239,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2023 | £226,438 | £224,000 | 26 BAIN ROAD |
4 Jan 2023 | £218,969 | £220,000 | 39 CHESTER WAY |
5 Sep 2022 | £297,597 | £300,000 | 81 SOUTH PARADE |
28 Jun 2022 | £200,838 | £198,000 | 60 SOUTH PARADE |
16 Jun 2022 | £232,283 | £229,000 | 30 BAIN ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 23 Apr 2016. Using an estimated price of £247,007 means this house is valued at £1,802 per sq meter (£167 per sq foot).
The average size of a house on CHESTER WAY is 98 sq meters (1,063 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cooks Lock |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cooks Lock |
Mar 2024 | Anti-social behaviour | On or near Chain Bridge Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arundel Crescent |