£297,356
This estimated value is based upon the latest sale price for the house of £291,000 on 8 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £291,000 | 8 Jun 2022 |
| £123,000 | 20 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £291,000 results in an estimated price of approximately £297,356.
| 8 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £291,000 | £6,356 | £297,356 |
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 | -12.379 % | £-36,023 | £254,976 |
| 3 Month Average | -3.500 % | £-10,186 | £280,813 |
| 6 Month Average | -2.386 % | £-6,943 | £284,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £187,500 | £187,500 | 59 ST ANNES WAY |
| 10 Aug 2023 | £67,212 | £66,000 | 48 SWALLOWS COURT POOL CLOSE |
| 14 Jun 2023 | £76,534 | £75,000 | 46 SWALLOWS COURT POOL CLOSE |
| 24 Feb 2023 | £271,816 | £270,000 | 288 PARK ROAD |
| 16 Sep 2022 | £259,826 | £260,000 | 14 ST ANNES WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Sep 2021. Using an estimated price of £297,356 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Under investigation | On or near The Meadows |
| Sep 2024 | Other crime | Under investigation | On or near The Meadows |
| Aug 2024 | Anti-social behaviour | On or near The Meadows | |
| Aug 2024 | Other crime | Under investigation | On or near The Meadows |
| Aug 2024 | Anti-social behaviour | On or near The Meadows |