£176,908
This estimated value is based upon the latest sale price for the house of £142,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 3 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £142,000 results in an estimated price of approximately £176,908.
| 3 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £142,000 | £34,908 | £176,908 |
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 | -7.957 % | £-11,298 | £130,701 |
| 3 Month Average | 22.647 % | £32,159 | £174,159 |
| 6 Month Average | 16.574 % | £23,535 | £165,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £154,000 | £154,000 | 109 EDINBURGH DRIVE |
| 21 Dec 2023 | £175,389 | £170,000 | 24 BALMORAL AVENUE |
| 1 Dec 2023 | £190,865 | £185,000 | 83 EDINBURGH DRIVE |
| 29 Nov 2023 | £359,116 | £350,000 | 9 BALMORAL AVENUE |
| 30 Oct 2023 | £122,789 | £120,000 | 20 MARLBOROUGH AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Sep 2018. Using an estimated price of £176,908 means this house is valued at £2,764 per sq meter (£256 per sq foot).
There is one other house on the street which we know the size of, this is 14 SANDRINGHAM WALK it is 145.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Marlborough Avenue | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marlborough Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlborough Avenue |
| Aug 2024 | Anti-social behaviour | On or near Marlborough Avenue | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Avenue |