£224,717
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Jul 2018 |
| £51,500 | 20 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2018 the House Price Index for LINCOLNSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £180,000 results in an estimated price of approximately £224,717.
| 23 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £180,000 | £44,717 | £224,717 |
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 | 23.492 % | £42,285 | £222,285 |
| 3 Month Average | 20.745 % | £37,341 | £217,341 |
| 6 Month Average | 27.598 % | £49,675 | £229,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £127,905 | £125,000 | 38 WILLESBY ROAD |
| 8 Sep 2023 | £296,537 | £290,000 | 16 MALVERN AVENUE |
| 4 Apr 2023 | £195,660 | £192,000 | 100 WEST ELLOE AVENUE |
| 21 Dec 2021 | £350,775 | £325,000 | 20 MALVERN AVENUE |
| 3 Dec 2021 | £247,162 | £229,000 | 96 WEST ELLOE AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 May 2018. Using an estimated price of £224,717 means this house is valued at £2,416 per sq meter (£224 per sq foot).
The average size of a house on WEST ELLOE AVENUE is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ladywood Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willesby Road |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Willesby Road |
| Jul 2024 | Public order | Under investigation | On or near Pennine Way |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Chiltern Drive |