£198,355
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Apr 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 10 Apr 2008 |
| £135,000 | 6 Oct 2006 |
| £132,950 | 27 Aug 2004 |
| £117,500 | 2 Dec 2002 |
| £45,000 | 30 Sep 1998 |
| £40,500 | 21 Aug 1997 |
| Detached |
| Freehold |
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 April 2008 the House Price Index for LINCOLNSHIRE was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £125,000 results in an estimated price of approximately £198,355.
| 10 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £125,000 | £73,355 | £198,355 |
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 | 144.036 % | £180,044 | £305,044 |
| 3 Month Average | 47.894 % | £59,867 | £184,867 |
| 6 Month Average | 46.753 % | £58,441 | £183,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £234,096 | £230,000 | 36 WELBY DRIVE |
| 11 Aug 2023 | £332,912 | £330,000 | 21 QUADRING ROAD |
| 10 Jun 2022 | £157,222 | £155,000 | 90 WATER GATE |
| 26 Apr 2022 | £190,513 | £185,000 | 17 WELBY DRIVE |
| 15 Oct 2021 | £179,249 | £162,000 | 1 QUADRING ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Water Gate |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |