£487,129
This estimated value is based upon the latest sale price for the house of £367,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £367,000 | 4 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2016 the House Price Index for LINCOLNSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £367,000 results in an estimated price of approximately £487,129.
| 4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £367,000 | £120,129 | £487,129 |
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 | 25.258 % | £92,698 | £459,698 |
| 3 Month Average | 31.868 % | £116,957 | £483,957 |
| 6 Month Average | 45.621 % | £167,429 | £534,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £487,490 | £480,000 | 11 KINGSDOWN DRIVE |
| 21 Sep 2023 | £342,551 | £335,000 | 5 COTTESMORE ROAD |
| 8 Sep 2023 | £363,002 | £355,000 | 19 COTTESMORE ROAD |
| 11 Apr 2023 | £351,576 | £345,000 | 4 TILL PLACE |
| 27 Mar 2023 | £617,309 | £607,000 | 25 STOCKWELL AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 28 Sep 2016. Using an estimated price of £487,130 means this house is valued at £4,310 per sq meter (£400 per sq foot).
The average size of a house on STOCKWELL AVENUE is 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tatum Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empingham Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empingham Road |
| Aug 2024 | Anti-social behaviour | On or near Dickens Drive | |
| Aug 2024 | Anti-social behaviour | On or near Dickens Drive |