£199,412
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£145,000 | 5 Feb 2016 |
£84,950 | 30 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 800 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 February 2016 the House Price Index for LINCOLNSHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £145,000 results in an estimated price of approximately £199,412.
5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £145,000 | £54,412 | £199,412 |
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 | 48.088 % | £69,727 | £214,727 |
3 Month Average | 38.817 % | £56,284 | £201,284 |
6 Month Average | 40.647 % | £58,937 | £203,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £309,866 | £302,000 | 29 LIVINGSTONE DRIVE |
28 Mar 2023 | £274,586 | £270,000 | 5 HENSON CLOSE |
12 Aug 2022 | £182,855 | £182,000 | 3 LIVINGSTONE DRIVE |
14 Jul 2022 | £191,923 | £190,000 | GARAGE ASSOCIATED WITH 13 ALDRIN CLOSE |
25 May 2022 | £189,949 | £185,000 | 29 HOLBORN ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 27 Jan 2012. Using an estimated price of £199,412 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on HENSON CLOSE is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Henson Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henson Close |
Oct 2024 | Drugs | Under investigation | On or near Scott Drive |
Oct 2024 | Anti-social behaviour | On or near Scott Drive | |
Jul 2024 | Vehicle crime | Under investigation | On or near Scott Drive |