£141,518
This estimated value is based upon the latest sale price for the house of £114,000 on 12 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 12 Nov 2018 |
| £111,000 | 15 Dec 2006 |
| £45,950 | 5 Jan 2001 |
| £30,300 | 28 Aug 1998 |
| £24,500 | 30 May 1997 |
| Terraced |
| 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £114,000 results in an estimated price of approximately £141,518.
| 12 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £114,000 | £27,518 | £141,518 |
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 | 4.481 % | £5,108 | £119,108 |
| 3 Month Average | 17.048 % | £19,434 | £133,434 |
| 6 Month Average | 17.767 % | £20,254 | £134,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £128,113 | £127,000 | 54 BOURNE ROAD |
| 11 Apr 2024 | £221,927 | £220,000 | 56 BOURNE ROAD |
| 17 Oct 2023 | £204,648 | £200,000 | 48 REMBRANDT WAY |
| 12 Oct 2023 | £344,832 | £337,000 | 8 REMBRANDT WAY |
| 28 Mar 2023 | £155,090 | £152,500 | 3 DELFT COURT HORSESHOE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 12 Apr 2018. Using an estimated price of £141,518 means this house is valued at £2,211 per sq meter (£205 per sq foot).
The average size of a house on BOURNE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Quaker Lane | |
| Aug 2024 | Anti-social behaviour | On or near Quaker Lane | |
| Jul 2024 | Anti-social behaviour | On or near Quaker Lane | |
| Jul 2024 | Anti-social behaviour | On or near Quaker Lane | |
| Jul 2024 | Anti-social behaviour | On or near Quaker Lane |