£203,531
This estimated value is based upon the latest sale price for the house of £135,950 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£135,950 | 3 Oct 2014 |
£129,950 | 23 Jul 2013 |
£120,000 | 5 Nov 2009 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2014 the House Price Index for LINCOLNSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £135,950 results in an estimated price of approximately £203,531.
3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £135,950 | £67,581 | £203,531 |
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 | 152.553 % | £207,395 | £343,345 |
3 Month Average | 40.795 % | £55,461 | £191,411 |
6 Month Average | 43.814 % | £59,565 | £195,515 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £187,642 | £186,000 | 180 PENNYGATE |
28 Jul 2023 | £129,239 | £127,500 | 164 PENNYGATE |
20 Feb 2023 | £259,825 | £260,000 | 23 MANSELL CLOSE |
19 Aug 2022 | £129,651 | £130,000 | 16 MANSELL CLOSE |
7 Jul 2022 | £155,418 | £155,000 | 24 CARRINGTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Jul 2012. Using an estimated price of £203,532 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on CARRINGTON ROAD is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Carrington Road |
Mar 2024 | Other crime | Under investigation | On or near Carrington Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Carrington Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Carrington Road |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Carrington Road |