£379,028
This estimated value is based upon the latest sale price for the house of £355,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £355,000 | 24 Nov 2021 |
| £247,000 | 29 Jan 2007 |
| £205,000 | 13 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £355,000 results in an estimated price of approximately £379,028.
| 24 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £355,000 | £24,028 | £379,028 |
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 | 59.778 % | £212,213 | £567,213 |
| 3 Month Average | -3.462 % | £-12,291 | £342,708 |
| 6 Month Average | 0.395 % | £1,402 | £356,402 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 21 Mar 2019.
The average size of a house on MENDIP CLOSE is 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Two Plank Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Campion Close |
| Feb 2024 | Other theft | Under investigation | On or near Daniels Gate |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lucerne Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lucerne Close |