£215,431
This estimated value is based upon the latest sale price for the house of £124,995 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,995 | 25 Nov 2011 |
| £142,000 | 3 May 2006 |
| £57,000 | 26 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2011 the House Price Index for LINCOLNSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £124,995 results in an estimated price of approximately £215,431.
| 25 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £124,995 | £90,436 | £215,431 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 28.257 % | £35,320 | £160,315 |
| 3 Month Average | 53.858 % | £67,319 | £192,314 |
| 6 Month Average | 61.073 % | £76,337 | £201,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £164,439 | £163,000 | 30C EASTGATE |
| 31 Jul 2023 | £251,383 | £248,000 | 17 POTTERS CLOSE |
| 10 Jul 2023 | £212,865 | £210,000 | 22 DELAINE CLOSE |
| 1 Jun 2023 | £161,962 | £160,000 | 2 TANNERY CLOSE |
| 17 Mar 2023 | £63,599 | £63,000 | 36 EASTGATE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Apr 2018. Using an estimated price of £215,432 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on WAKES CLOSE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tannery Close |
| Dec 2023 | Other theft | Under investigation | On or near Tannery Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bus/Coach Station |
| Mar 2024 | Anti-social behaviour | On or near Cherry Holt Square | |
| Mar 2024 | Other crime | Under investigation | On or near Cherry Holt Square |