£468,378
This estimated value is based upon the latest sale price for the house of £350,000 on 22 Sep 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 22 Sep 2016 |
| £94,000 | 1 May 1998 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,095 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 September 2016 the House Price Index for LINCOLNSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £350,000 results in an estimated price of approximately £468,378.
| 22 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £350,000 | £118,378 | £468,378 |
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 | 34.216 % | £119,756 | £469,756 |
| 3 Month Average | 27.577 % | £96,520 | £446,520 |
| 6 Month Average | 28.630 % | £100,205 | £450,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £779,267 | £772,500 | 6 FOREST GARDENS |
| 30 Jun 2023 | £673,497 | £660,000 | 10 FOREST GARDENS |
| 11 Nov 2022 | £228,930 | £230,000 | 59 BRAMBLE GROVE |
| 14 Apr 2022 | £492,775 | £475,000 | 37 OAK ROAD |
| 16 Feb 2022 | £316,937 | £300,000 | 12 FIR ROAD |
This house has a floor area of 101 sq meters or 1,095 sq feet when measured on 23 Jan 2009. Using an estimated price of £468,379 means this house is valued at £4,602 per sq meter (£427 per sq foot).
The average size of a house on OAK ROAD is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Campion Grove |
| 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 |