£228,014
This estimated value is based upon the latest sale price for the house of £170,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 31 Aug 2016 |
| £47,000 | 16 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £170,000 results in an estimated price of approximately £228,014.
| 31 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £170,000 | £58,014 | £228,014 |
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 | 12.445 % | £21,155 | £191,155 |
| 3 Month Average | 27.992 % | £47,586 | £217,586 |
| 6 Month Average | 27.036 % | £45,961 | £215,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £160,000 | £160,000 | 34 PARK AVENUE |
| 19 Apr 2024 | £151,314 | £150,000 | 198 PARK ROAD |
| 30 Jun 2023 | £147,965 | £145,000 | 192 PARK ROAD |
| 12 Apr 2023 | £145,726 | £143,000 | 6 BRITANNIA GARDENS |
| 31 Mar 2023 | £168,819 | £166,000 | 122 PARK ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 25 Jun 2012. Using an estimated price of £228,015 means this house is valued at £2,091 per sq meter (£194 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Park Road | |
| Jul 2024 | Anti-social behaviour | On or near Park Road | |
| Jul 2024 | Anti-social behaviour | On or near Park Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |