£370,326
This estimated value is based upon the latest sale price for the house of £194,950 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,950 | 17 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2004 the House Price Index for LINCOLNSHIRE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £194,950 results in an estimated price of approximately £370,326.
| 17 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £194,950 | £175,376 | £370,326 |
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 | 142.098 % | £277,019 | £471,969 |
| 3 Month Average | 107.594 % | £209,754 | £404,704 |
| 6 Month Average | 103.175 % | £201,138 | £396,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £318,074 | £310,000 | 43 ELGAR WAY |
| 13 Apr 2023 | £433,101 | £425,000 | 18 WAVERLEY GARDENS |
| 3 Apr 2023 | £331,195 | £325,000 | 45 ELGAR WAY |
| 20 Mar 2023 | £645,785 | £635,000 | 28 WAVERLEY GARDENS |
| 21 Feb 2022 | £363,421 | £344,000 | 22 WAVERLEY GARDENS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 29 Aug 2012. Using an estimated price of £370,326 means this house is valued at £3,939 per sq meter (£366 per sq foot).
The average size of a house on ELGAR WAY is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ravel Close |
| Sep 2024 | Anti-social behaviour | On or near Ravel Close | |
| Sep 2024 | Anti-social behaviour | On or near Ravel Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Casterton Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Casterton Road |