£260,870
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 31 Mar 2020 |
| £154,000 | 1 Jun 2005 |
| £115,000 | 20 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £215,000 results in an estimated price of approximately £260,870.
| 31 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £215,000 | £45,870 | £260,870 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 0.821 % | £1,764 | £216,764 |
| 3 Month Average | 28.648 % | £61,592 | £276,592 |
| 6 Month Average | 21.395 % | £45,999 | £260,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £378,000 | £378,000 | 124 STEPHENSON WAY |
| 30 Jun 2023 | £333,687 | £327,000 | 52 MILL DROVE |
| 8 Jun 2023 | £367,362 | £360,000 | 50 NORTHFIELDS |
| 28 Mar 2023 | £416,963 | £410,000 | 37 STEPHENSON WAY |
| 10 Jun 2022 | £296,334 | £290,000 | 20 NORTHFIELDS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 Jun 2019. Using an estimated price of £260,871 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on NORTHFIELDS is 116 sq meters (1,250 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northfields |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Oct 2024 | Vehicle crime | Under investigation | On or near Richardson Close |