£194,373
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 3 Aug 2015 |
| £39,500 | 17 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £135,000 results in an estimated price of approximately £194,373.
| 3 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £135,000 | £59,373 | £194,373 |
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 | 30.317 % | £40,927 | £175,927 |
| 3 Month Average | 27.591 % | £37,247 | £172,247 |
| 6 Month Average | 37.557 % | £50,701 | £185,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £187,500 | £187,500 | 59 ST ANNES WAY |
| 13 Apr 2023 | £72,353 | £71,000 | 35 SWALLOWS COURT POOL CLOSE |
| 3 Apr 2023 | £76,430 | £75,000 | 59 SWALLOWS COURT POOL CLOSE |
| 24 Feb 2023 | £271,816 | £270,000 | 288 PARK ROAD |
| 16 Sep 2022 | £259,826 | £260,000 | 14 ST ANNES WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Apr 2014. Using an estimated price of £194,374 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The Meadows | |
| Oct 2024 | Other theft | Under investigation | On or near The Meadows |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near The Meadows |
| Sep 2024 | Bicycle theft | Under investigation | On or near The Meadows |
| Aug 2024 | Anti-social behaviour | On or near The Meadows |