£276,817
This estimated value is based upon the latest sale price for the house of £81,000 on 2 Apr 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 2 Apr 2001 |
| £66,950 | 6 Aug 1999 |
| £57,000 | 11 Sep 1998 |
| £55,000 | 30 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2001 the House Price Index for LINCOLNSHIRE was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £81,000 results in an estimated price of approximately £276,817.
| 2 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £81,000 | £195,817 | £276,817 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 139.777 % | £113,219 | £194,219 |
| 3 Month Average | 192.360 % | £155,811 | £236,811 |
| 6 Month Average | 200.012 % | £162,009 | £243,009 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Mar 2019.
The average size of a house on STEPHENSON WAY is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mill Drove |
| Dec 2023 | Public order | Under investigation | On or near Stephenson Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Kingsway |
| Jan 2024 | Anti-social behaviour | On or near Kingsway | |
| Jan 2024 | Anti-social behaviour | On or near Kingsway |