£74,210
This estimated value is based upon the latest sale price for the house of £47,300 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £47,300 | 23 Aug 2007 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 August 2007 the House Price Index for LINCOLNSHIRE was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £47,300 results in an estimated price of approximately £74,210.
| 23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £47,300 | £26,910 | £74,210 |
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 | 147.957 % | £69,983 | £117,283 |
| 3 Month Average | 39.531 % | £18,698 | £65,998 |
| 6 Month Average | 39.743 % | £18,798 | £66,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £137,404 | £135,000 | 43 MEDLOCK CRESCENT |
| 9 Jun 2023 | £141,717 | £140,000 | 9 MEDLOCK CRESCENT |
| 31 Mar 2023 | £143,351 | £142,000 | 58 MEDLOCK CRESCENT |
| 28 Feb 2023 | £129,913 | £130,000 | 25 MEDLOCK CRESCENT |
| 24 Jun 2022 | £157,222 | £155,000 | 13 TELFORD COURT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Sep 2009. Using an estimated price of £74,210 means this house is valued at £1,030 per sq meter (£95 per sq foot).
The average size of a house on SEVERN ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wensum Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wensum Close |
| Mar 2024 | Other crime | Under investigation | On or near Wensum Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Telford Court |
| Jan 2024 | Anti-social behaviour | On or near Telford Court |