£201,719
This estimated value is based upon the latest sale price for the house of £131,000 on 14 May 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 14 May 2014 |
| £141,000 | 27 Apr 2006 |
| £53,000 | 18 Feb 2000 |
| £27,250 | 28 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 924 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 May 2014 the House Price Index for LINCOLNSHIRE was 96.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.985%.Applying this 53.985% change to the original purchase price of £131,000 results in an estimated price of approximately £201,719.
| 14 May 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.0 | 53.985 % | £131,000 | £70,719 | £201,719 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 2.339 % | £3,063 | £134,063 |
| 3 Month Average | 19.029 % | £24,927 | £155,927 |
| 6 Month Average | 29.400 % | £38,514 | £169,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £202,601 | £200,000 | 25 LINLEY DRIVE |
| 1 Nov 2023 | £167,146 | £165,000 | 15 PARK ROAD |
| 8 Mar 2023 | £103,057 | £102,500 | 47 WYBERTON WEST ROAD |
| 11 Nov 2022 | £135,798 | £138,000 | 7 CARMEL GREEN |
| 13 Jun 2022 | £252,560 | £250,000 | 42 PARK ROAD |
This house has a floor area of 85 sq meters or 924 sq feet when measured on 19 Jan 2009. Using an estimated price of £201,720 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on PARK ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carmel Green |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carmel Green |