£205,209
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 1 Nov 2023 |
| £115,000 | 18 Jun 2009 |
| £133,500 | 2 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2023 the House Price Index for LINCOLNSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £200,000 results in an estimated price of approximately £205,209.
| 1 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £200,000 | £5,209 | £205,209 |
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 | -11.929 % | £-23,857 | £176,142 |
| 3 Month Average | -7.116 % | £-14,231 | £185,768 |
| 6 Month Average | -0.753 % | £-1,505 | £198,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £205,209 | £200,000 | 16 PARK ROAD |
| 15 Sep 2023 | £189,165 | £184,995 | 47 PATRIOT CLOSE |
| 13 Sep 2023 | £214,734 | £210,000 | 41 PENNYGATE |
| 8 Sep 2023 | £429,467 | £420,000 | 4 PENNYGATE GARDENS |
| 25 Aug 2023 | £131,369 | £129,000 | 51 PATRIOT CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Mar 2019. Using an estimated price of £205,209 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Truro Way |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Truro Way |
| Aug 2024 | Bicycle theft | Under investigation | On or near Truro Way |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Truro Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Truro Way |