£268,986
This estimated value is based upon the latest sale price for the house of £235,000 on 9 Jul 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 9 Jul 2021 |
| £200,000 | 15 Mar 2019 |
| £110,000 | 19 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £235,000 results in an estimated price of approximately £268,986.
| 9 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £235,000 | £33,986 | £268,986 |
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 | 71.877 % | £168,909 | £403,909 |
| 3 Month Average | -3.067 % | £-7,206 | £227,793 |
| 6 Month Average | 13.026 % | £30,611 | £265,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £242,080 | £237,500 | 10 LAVENDER WAY |
| 11 Jul 2023 | £288,731 | £286,000 | 1 LAVENDER WAY |
| 30 Jun 2023 | £665,395 | £660,000 | 10 FOREST GARDENS |
| 25 Nov 2022 | £384,761 | £391,000 | 1 BLACKTHORN |
| 17 Oct 2022 | £233,529 | £237,000 | 15 BLACKTHORN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Aug 2017. Using an estimated price of £268,987 means this house is valued at £3,586 per sq meter (£333 per sq foot).
The average size of a house on BUTTERCUP CLOSE is 123 sq meters (1,329 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Lavender Way |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campion Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Clover Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marigold Close |