£451,463
This estimated value is based upon the latest sale price for the house of £169,950 on 31 Oct 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£169,950 | 31 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2002 the House Price Index for LINCOLNSHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £169,950 results in an estimated price of approximately £451,463.
31 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £169,950 | £281,513 | £451,463 |
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 | 124.083 % | £210,879 | £380,829 |
3 Month Average | 156.089 % | £265,272 | £435,222 |
6 Month Average | 160.455 % | £272,692 | £442,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2022 | £199,069 | £200,000 | 12A WARRENNE KEEP |
4 Nov 2022 | £273,715 | £274,995 | 7 MALLORY LANE |
21 Mar 2022 | £260,983 | £250,000 | 39 WARRENNE KEEP |
25 Jun 2021 | £486,390 | £450,000 | ST PETER'S VIEW, 45 WARRENNE KEEP |
5 Oct 2020 | £1,152,223 | £975,000 | 11 ST PETERS HILL |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Sep 2019. Using an estimated price of £451,463 means this house is valued at £5,249 per sq meter (£487 per sq foot).
The average size of a house on BATH ROW is 128 sq meters (1,382 sq feet).