£371,536
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 31 Jul 2020 |
| £230,000 | 29 May 2013 |
| £195,000 | 17 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,329 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £305,000 results in an estimated price of approximately £371,536.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £305,000 | £66,536 | £371,536 |
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 | 63.839 % | £194,709 | £499,709 |
| 3 Month Average | 27.504 % | £83,885 | £388,885 |
| 6 Month Average | 16.726 % | £51,015 | £356,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £245,410 | £240,000 | 27 FAIRVIEW WAY |
| 16 Jun 2023 | £183,681 | £180,000 | 145 WOOLRAM WYGATE |
| 22 Jul 2022 | £252,530 | £250,000 | 16 FAIRVIEW WAY |
| 4 Mar 2022 | £229,665 | £220,000 | 13 FAIRVIEW WAY |
| 25 Feb 2022 | £279,961 | £265,000 | 47 FAIRVIEW WAY |
This house has a floor area of 123 sq meters or 1,329 sq feet when measured on 8 Feb 2012. Using an estimated price of £371,537 means this house is valued at £3,007 per sq meter (£279 per sq foot).
There is one other house on the street which we know the size of, this is 1 BRUNSWICK CLOSE it is 94.7
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Brunswick Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithdale Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Smithdale Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |