£331,267
This estimated value is based upon the latest sale price for the house of £325,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 15 Dec 2023 |
| £250,000 | 5 Jul 2017 |
| £200,000 | 24 Nov 2011 |
| £224,950 | 22 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 876 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 December 2023 the House Price Index for LINCOLNSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £325,000 results in an estimated price of approximately £331,267.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £325,000 | £6,267 | £331,267 |
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 | 1.168 % | £3,796 | £328,796 |
| 3 Month Average | -3.593 % | £-11,676 | £313,323 |
| 6 Month Average | 12.075 % | £39,244 | £364,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £331,267 | £325,000 | 3 WINTERTON CLOSE |
| 11 Dec 2023 | £262,975 | £258,000 | 14 RAVEL CLOSE |
| 30 Nov 2023 | £314,031 | £310,000 | 43 ELGAR WAY |
| 17 Nov 2023 | £335,305 | £331,000 | 26 ELGAR WAY |
| 16 Aug 2023 | £332,019 | £330,000 | 7 MASON DRIVE |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 28 Oct 2010. Using an estimated price of £331,267 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on WINTERTON CLOSE is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mason Drive | |
| Mar 2024 | Anti-social behaviour | On or near Mason Drive | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ravel Close |
| Feb 2024 | Drugs | Offender given a caution | On or near Ravel Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ravel Close |