£47,196
This estimated value is based upon the latest sale price for the house of £15,000 on 28 Jan 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Paulette Court
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| Price Paid | Date |
|---|---|
| £15,000 | 28 Jan 2002 |
| £51,950 | 28 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2002 the House Price Index for LINCOLNSHIRE was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £15,000 results in an estimated price of approximately £47,196.
| 28 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £15,000 | £32,196 | £47,196 |
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 | 149.123 % | £22,368 | £37,368 |
| 3 Month Average | 169.312 % | £25,396 | £40,396 |
| 6 Month Average | 167.034 % | £25,055 | £40,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £123,804 | £120,000 | 2 PAULETTE COURT |
| 11 Aug 2023 | £168,031 | £165,000 | 13 ANNETTE CLOSE |
| 16 Feb 2023 | £161,076 | £160,000 | 9 ANNETTE CLOSE |
| 12 Aug 2022 | £246,151 | £245,000 | 8 ANNETTE CLOSE |
| 29 Jul 2022 | £169,700 | £168,000 | 12 MINSMERE CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Oct 2019. Using an estimated price of £47,196 means this house is valued at £773 per sq meter (£71 per sq foot).
The average size of a house on NICOLETTE WAY is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Paulette Court |
| Sep 2024 | Burglary | Under investigation | On or near Paulette Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lucetta Gardens |
| Jul 2024 | Anti-social behaviour | On or near Annette Close | |
| Jul 2024 | Anti-social behaviour | On or near Annette Close |