£472,197
This estimated value is based upon the latest sale price for the house of £259,950 on 22 Jun 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £259,950 | 22 Jun 2009 |
| £229,950 | 25 Jul 2003 |
| £121,000 | 13 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 976 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 June 2009 the House Price Index for LINCOLNSHIRE was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.649%.Applying this 81.649% change to the original purchase price of £259,950 results in an estimated price of approximately £472,197.
| 22 Jun 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.649 % | £259,950 | £212,247 | £472,197 |
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 | 153.399 % | £398,761 | £658,711 |
| 3 Month Average | 105.172 % | £273,395 | £533,345 |
| 6 Month Average | 135.250 % | £351,582 | £611,532 |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 27 Feb 2009.
The average size of a house on ERMINE WAY is 135 sq meters (1,455 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Burns Road | |
| Jan 2024 | Anti-social behaviour | On or near Burns Road | |
| Jan 2024 | Anti-social behaviour | On or near Burns Road | |
| Mar 2024 | Other crime | Under investigation | On or near Torkington Street |
| Mar 2024 | Other crime | Under investigation | On or near Torkington Street |