£227,444
This estimated value is based upon the latest sale price for the house of £178,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 21 Dec 2017 |
| £62,500 | 18 Oct 2000 |
| £40,500 | 30 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2017 the House Price Index for LINCOLNSHIRE was 79.2.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 27.778%.Applying this 27.778% change to the original purchase price of £178,000 results in an estimated price of approximately £227,444.
| 21 Dec 2017 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.2 | 101.2 | 27.778 % | £178,000 | £49,444 | £227,444 |
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 | 14.007 % | £24,932 | £202,932 |
| 3 Month Average | 4.479 % | £7,972 | £185,972 |
| 6 Month Average | 17.879 % | £31,824 | £209,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £206,242 | £204,000 | 35 WEST STREET GARDENS |
| 29 May 2024 | £1,225,429 | £1,200,000 | 3 RUTLAND TERRACE |
| 3 May 2024 | £369,160 | £361,500 | 6 QUEENS WALK |
| 1 Nov 2023 | £399,201 | £385,000 | 57 QUEENS WALK |
| 30 May 2023 | £447,378 | £435,000 | 11 WEST STREET GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Sep 2017. Using an estimated price of £227,444 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on WEST STREET GARDENS is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Street Gardens |