£221,985
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Oct 2020 |
| £60,000 | 16 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £190,000 results in an estimated price of approximately £221,985.
| 30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £190,000 | £31,985 | £221,985 |
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 | -20.875 % | £-39,661 | £150,338 |
| 3 Month Average | -3.334 % | £-6,334 | £183,665 |
| 6 Month Average | 1.804 % | £3,427 | £193,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £268,446 | £265,000 | 111 TATTERSHALL ROAD |
| 28 Oct 2022 | £152,730 | £155,000 | 9 FAIRFAX CLOSE |
| 18 Aug 2022 | £347,651 | £350,000 | 100 TATTERSHALL ROAD |
| 23 Mar 2022 | £219,833 | £213,000 | 72 TATTERSHALL ROAD |
| 21 Jan 2022 | £131,020 | £125,000 | 222 CARLTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Jul 2020. Using an estimated price of £221,986 means this house is valued at £2,611 per sq meter (£242 per sq foot).
The average size of a house on FAIRFAX CLOSE is 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Longhurst Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Longhurst Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromwell Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromwell Close |