£203,764
This estimated value is based upon the latest sale price for the house of £117,000 on 24 Oct 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £117,000 | 24 Oct 2011 |
| £112,500 | 13 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 757 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 October 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £117,000 results in an estimated price of approximately £203,764.
| 24 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £117,000 | £86,764 | £203,764 |
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 | 42.221 % | £49,398 | £166,398 |
| 3 Month Average | 67.302 % | £78,743 | £195,743 |
| 6 Month Average | 63.011 % | £73,722 | £190,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £173,122 | £170,000 | 31 CHESTNUT AVENUE |
| 24 Feb 2023 | £213,929 | £212,500 | 12 ALBERT STREET |
| 27 Apr 2022 | £238,607 | £230,000 | 10 CULPINS CLOSE |
| 4 Apr 2022 | £363,098 | £350,000 | 106 HALMER GATE |
| 17 Mar 2022 | £167,029 | £160,000 | 44 ACACIA AVENUE |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 31 Aug 2011. Using an estimated price of £203,765 means this house is valued at £2,896 per sq meter (£269 per sq foot).
The average size of a house on ALBERT STREET is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Culpins Close |
| Aug 2024 | Anti-social behaviour | On or near Culpins Close | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Culpins Close |
| Aug 2024 | Anti-social behaviour | On or near Culpins Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culpins Close |