£464,936
This estimated value is based upon the latest sale price for the house of £350,000 on 22 Sep 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£350,000 | 22 Sep 2016 |
£94,000 | 1 May 1998 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,095 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 September 2016 the House Price Index for LINCOLNSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £350,000 results in an estimated price of approximately £464,936.
22 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £350,000 | £114,936 | £464,936 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 74.871 % | £262,048 | £612,048 |
3 Month Average | 26.323 % | £92,128 | £442,128 |
6 Month Average | 51.433 % | £180,014 | £530,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £668,093 | £660,000 | 10 FOREST GARDENS |
11 Nov 2022 | £227,247 | £230,000 | 59 BRAMBLE GROVE |
14 Apr 2022 | £489,155 | £475,000 | 37 OAK ROAD |
16 Feb 2022 | £314,608 | £300,000 | 12 FIR ROAD |
8 Dec 2021 | £428,551 | £400,000 | 5 FIR ROAD |
This house has a floor area of 101 sq meters or 1,095 sq feet when measured on 23 Jan 2009. Using an estimated price of £464,937 means this house is valued at £4,568 per sq meter (£424 per sq foot).
The average size of a house on OAK ROAD is 122 sq meters (1,315 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campion Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marigold Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Close |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Clover Gardens |
Mar 2024 | Other theft | Under investigation | On or near Charlock Drive |