£247,252
This estimated value is based upon the latest sale price for the house of £220,000 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 6 Aug 2021 |
£207,000 | 23 Jun 2017 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £220,000 results in an estimated price of approximately £247,252.
6 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £220,000 | £27,252 | £247,252 |
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 | 5.306 % | £11,673 | £231,673 |
3 Month Average | 1.506 % | £3,313 | £223,313 |
6 Month Average | 5.730 % | £12,606 | £232,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2023 | £191,346 | £187,000 | 14 WAVENEY CLOSE |
13 Oct 2023 | £204,648 | £200,000 | 6 CAULDER CLOSE |
30 Jun 2023 | £204,039 | £199,950 | 5 BETJEMAN CLOSE |
31 Mar 2023 | £259,331 | £255,000 | 17 WITHAM ROAD |
11 Nov 2022 | £204,046 | £205,000 | 171 WYGATE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 30 Mar 2017. Using an estimated price of £247,252 means this house is valued at £2,077 per sq meter (£193 per sq foot).
The average size of a house on WAVENEY CLOSE is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Trent Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Trent Close |
Jul 2024 | Public order | Under investigation | On or near Stour Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sharman Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Tyne Close |