£124,842
This estimated value is based upon the latest sale price for the house of £100,000 on 19 Jul 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 19 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for LINCOLNSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £100,000 results in an estimated price of approximately £124,842.
| 19 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £100,000 | £24,842 | £124,842 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 23.957 % | £23,957 | £123,957 |
| 3 Month Average | 15.436 % | £15,435 | £115,435 |
| 6 Month Average | 13.981 % | £13,980 | £113,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £147,000 | £147,000 | 54 FENSIDE ROAD |
| 6 Mar 2024 | £86,326 | £85,000 | 17 PORCHER WAY |
| 3 Nov 2023 | £151,803 | £147,950 | 1B SUNNINGDALE DRIVE |
| 6 Jan 2023 | £155,415 | £155,000 | 46 FENSIDE ROAD |
| 7 Jul 2022 | £191,923 | £190,000 | 16 FENSIDE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 2 Jun 2016. Using an estimated price of £124,843 means this house is valued at £1,387 per sq meter (£128 per sq foot).
The average size of a house on PORCHER WAY is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Porcher Way |
| Jul 2024 | Other theft | Under investigation | On or near Franklin Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Franklin Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Franklin Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Franklin Close |