£188,397
This estimated value is based upon the latest sale price for the house of £185,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 4 Aug 2023 |
| £125,000 | 16 Sep 2011 |
| £159,950 | 27 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2023 the House Price Index for LINCOLNSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £185,000 results in an estimated price of approximately £188,397.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £185,000 | £3,397 | £188,397 |
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 | 1.714 % | £3,170 | £188,170 |
| 3 Month Average | 2.237 % | £4,139 | £189,139 |
| 6 Month Average | 4.039 % | £7,472 | £192,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £182,586 | £181,000 | 20 LUCETTA GARDENS |
| 15 Mar 2024 | £258,979 | £255,000 | 36 SALTERN DRIVE |
| 15 Sep 2023 | £201,952 | £197,500 | 7 MINSMERE CLOSE |
| 4 Aug 2023 | £188,398 | £185,000 | 16 SALTERN DRIVE |
| 10 Mar 2023 | £200,854 | £197,500 | 18 LUCETTA GARDENS |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 22 Nov 2021. Using an estimated price of £188,398 means this house is valued at £1,922 per sq meter (£178 per sq foot).
The average size of a house on SALTERN DRIVE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winsmere Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsmere Close |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close |