£231,170
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 2 Dec 2016 |
| £136,000 | 30 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,266 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 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £175,000 results in an estimated price of approximately £231,170.
| 2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £175,000 | £56,170 | £231,170 |
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 | 4.659 % | £8,153 | £183,153 |
| 3 Month Average | 40.619 % | £71,083 | £246,083 |
| 6 Month Average | 48.693 % | £85,212 | £260,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £1,200,000 | £1,200,000 | 3 RUTLAND TERRACE |
| 1 Nov 2023 | £395,027 | £385,000 | 57 QUEENS WALK |
| 7 Oct 2022 | £508,302 | £510,000 | 85 QUEENS WALK |
| 20 Sep 2022 | £226,848 | £227,000 | 34 WEST STREET GARDENS |
| 21 Jul 2022 | £525,263 | £520,000 | 87 QUEENS WALK |
This house has a floor area of 117 sq meters or 1,266 sq feet when measured on 13 Apr 2011. Using an estimated price of £231,170 means this house is valued at £1,965 per sq meter (£182 per sq foot).
The average size of a house on WEST STREET GARDENS is 87 sq meters (943 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near West Street Gardens |
| Aug 2024 | Anti-social behaviour | On or near West Street Gardens | |
| Aug 2024 | Anti-social behaviour | On or near West Street Gardens | |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Street Gardens |
| Jun 2024 | Anti-social behaviour | On or near West Street Gardens |