£141,424
This estimated value is based upon the latest sale price for the house of £79,000 on 14 Feb 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,000 | 14 Feb 2006 |
| £32,500 | 4 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 February 2006 the House Price Index for LINCOLNSHIRE was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £79,000 results in an estimated price of approximately £141,424.
| 14 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £79,000 | £62,424 | £141,424 |
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 | 30.062 % | £23,748 | £102,748 |
| 3 Month Average | 46.333 % | £36,603 | £115,603 |
| 6 Month Average | 48.901 % | £38,631 | £117,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £134,934 | £132,500 | 14 WELLAND CLOSE |
| 30 Jun 2023 | £116,331 | £114,000 | FLAT 1 1 CYGNET COURT |
| 16 Jun 2023 | £591,861 | £580,000 | OLD WELLAND COTTAGE, 66 LONDON ROAD |
| 1 Jun 2023 | £163,272 | £160,000 | 101B LONDON ROAD |
| 10 Mar 2023 | £203,397 | £200,000 | 99 LONDON ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 16 Nov 2021. Using an estimated price of £141,424 means this house is valued at £3,214 per sq meter (£298 per sq foot).
The average size of a house on BRITON COURT is 54 sq meters (589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Welland Close | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Welland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welland Close |