£197,460
This estimated value is based upon the latest sale price for the house of £150,000 on 13 Jan 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 13 Jan 2017 |
£64,500 | 14 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 2017 the House Price Index for LINCOLNSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £150,000 results in an estimated price of approximately £197,460.
13 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £150,000 | £47,460 | £197,460 |
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 | 29.983 % | £44,974 | £194,974 |
3 Month Average | 28.538 % | £42,806 | £192,806 |
6 Month Average | 44.125 % | £66,187 | £216,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £214,292 | £211,000 | 12 WINDSOR CLOSE |
12 Mar 2024 | £207,183 | £204,000 | 48 EDWARD ROAD |
16 Jun 2023 | £234,703 | £230,000 | 33 GREEN LANE |
2 Mar 2023 | £279,671 | £275,000 | 8 CHURCHILL ROAD |
14 Oct 2022 | £222,258 | £223,000 | 5 EDINBURGH ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 31 Aug 2016. Using an estimated price of £197,460 means this house is valued at £3,725 per sq meter (£346 per sq foot).
The average size of a house on SANDRINGHAM CLOSE is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Sandringham Close | |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Sandringham Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandringham Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandringham Close |