£270,183
This estimated value is based upon the latest sale price for the house of £153,000 on 21 Apr 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,000 | 21 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2006 the House Price Index for LINCOLNSHIRE was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £153,000 results in an estimated price of approximately £270,183.
| 21 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 149.7 | 76.591 % | £153,000 | £117,183 | £270,183 |
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 | 74.100 % | £113,372 | £266,372 |
| 3 Month Average | 56.986 % | £87,188 | £240,188 |
| 6 Month Average | 53.871 % | £82,422 | £235,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £203,500 | £203,500 | 4 MACARTHUR COURT |
| 1 Nov 2023 | £309,866 | £302,000 | 29 LIVINGSTONE DRIVE |
| 20 Oct 2023 | £271,159 | £265,000 | 2A PICCARD DRIVE |
| 6 Oct 2023 | £189,299 | £185,000 | 9 BRUCE CLOSE |
| 12 Aug 2022 | £182,855 | £182,000 | 3 LIVINGSTONE DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 8 Oct 2014. Using an estimated price of £270,184 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on BRUCE CLOSE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Piccard Drive |
| Oct 2024 | Drugs | Under investigation | On or near Piccard Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Piccard Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Piccard Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Livingstone Drive |