£292,342
This estimated value is based upon the latest sale price for the house of £59,000 on 17 Nov 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 17 Nov 1997 |
| £52,000 | 29 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 1997 the House Price Index for LINCOLNSHIRE was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £59,000 results in an estimated price of approximately £292,342.
| 17 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 149.7 | 395.496 % | £59,000 | £233,342 | £292,342 |
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 | 302.609 % | £178,539 | £237,539 |
| 3 Month Average | 340.759 % | £201,047 | £260,047 |
| 6 Month Average | 326.329 % | £192,533 | £251,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £243,745 | £240,000 | 1 MONKS WALK |
| 1 Feb 2023 | £203,358 | £202,000 | 9 HUMBER DRIVE |
| 6 Jan 2023 | £70,188 | £70,000 | 9 TWEED CLOSE |
| 3 Nov 2022 | £423,022 | £425,000 | 8 ABBOTS CRESCENT |
| 29 Jul 2022 | £172,731 | £171,000 | 4 TWEED CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 29 Oct 2014. Using an estimated price of £292,342 means this house is valued at £2,338 per sq meter (£217 per sq foot).
The average size of a house on MEADWAY is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Crescent |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Third Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Third Avenue |