£226,342
This estimated value is based upon the latest sale price for the house of £179,995 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£179,995 | 13 Apr 2018 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 April 2018 the House Price Index for LINCOLNSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £179,995 results in an estimated price of approximately £226,342.
13 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £179,995 | £46,347 | £226,342 |
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 | 16.930 % | £30,473 | £210,468 |
3 Month Average | 24.228 % | £43,609 | £223,604 |
6 Month Average | 21.979 % | £39,560 | £219,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £258,979 | £255,000 | 36 SALTERN DRIVE |
15 Sep 2023 | £201,952 | £197,500 | 7 MINSMERE CLOSE |
4 Aug 2023 | £188,398 | £185,000 | 16 SALTERN DRIVE |
10 Feb 2023 | £226,513 | £225,000 | 32 SALTERN DRIVE |
2 Feb 2023 | £191,278 | £190,000 | 61 SALTERN DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Mar 2018. Using an estimated price of £226,342 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on SOLENT DRIVE is 111 sq meters (1,198 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
Jun 2024 | Anti-social behaviour | On or near Winsmere Close | |
Jun 2024 | Anti-social behaviour | On or near Winsmere Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsmere Close |
Apr 2024 | Other crime | Under investigation | On or near Solent Drive |