£271,786
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Aug 2020 |
| £80,250 | 24 Nov 2000 |
| Semi-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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £225,000 results in an estimated price of approximately £271,786.
| 18 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £225,000 | £46,786 | £271,786 |
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 | -29.585 % | £-66,567 | £158,432 |
| 3 Month Average | 20.208 % | £45,467 | £270,467 |
| 6 Month Average | 11.252 % | £25,317 | £250,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £330,000 | £330,000 | 12 FOXGLOVE ROAD |
| 13 Oct 2023 | £424,645 | £415,000 | 1 TOBIAS GROVE |
| 25 Nov 2022 | £389,180 | £391,000 | 1 BLACKTHORN |
| 17 Oct 2022 | £236,211 | £237,000 | 15 BLACKTHORN |
| 27 May 2022 | £261,821 | £255,000 | 15 BLUEBELL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Jan 2019. Using an estimated price of £271,787 means this house is valued at £3,397 per sq meter (£315 per sq foot).
The average size of a house on MEADOWSWEET is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Buttercup Close | |
| Jun 2024 | Anti-social behaviour | On or near Buttercup Close | |
| Jun 2024 | Anti-social behaviour | On or near Buttercup Close | |
| Jun 2024 | Anti-social behaviour | On or near Buttercup Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Blackthorn |