£364,698
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Jul 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Freshney Way
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Jul 2021 |
| £214,000 | 2 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2021 the House Price Index for LINCOLNSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £315,000 results in an estimated price of approximately £364,698.
| 8 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £315,000 | £49,698 | £364,698 |
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 | 6.636 % | £20,904 | £335,904 |
| 3 Month Average | 3.580 % | £11,276 | £326,276 |
| 6 Month Average | 1.518 % | £4,780 | £319,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £242,450 | £235,000 | 5 ROTHSCHILD CLOSE |
| 10 Nov 2023 | £169,297 | £165,000 | 274 SLEAFORD ROAD |
| 20 Sep 2023 | £296,537 | £290,000 | 261 SLEAFORD ROAD |
| 5 Sep 2022 | £334,776 | £335,000 | 245 SLEAFORD ROAD |
| 28 Jul 2022 | £353,543 | £350,000 | 10 FRESHNEY WAY |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 2 Apr 2021. Using an estimated price of £364,698 means this house is valued at £2,894 per sq meter (£268 per sq foot).
The average size of a house on SLEAFORD ROAD is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Freshney Way |
| Jun 2024 | Burglary | Under investigation | On or near Rothschild Close |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Jul 2024 | Anti-social behaviour | On or near Shopping Area |