£138,888
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Aug 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £125,000 results in an estimated price of approximately £138,888.
| 16 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £125,000 | £13,888 | £138,888 |
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 | -22.532 % | £-28,165 | £96,834 |
| 3 Month Average | 0.214 % | £266 | £125,266 |
| 6 Month Average | 5.813 % | £7,266 | £132,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £137,603 | £135,000 | 43 MEDLOCK CRESCENT |
| 9 Jun 2023 | £159,292 | £158,000 | 4 ROYCE ROAD |
| 9 Jun 2023 | £141,144 | £140,000 | 9 MEDLOCK CRESCENT |
| 28 Feb 2023 | £129,388 | £130,000 | 25 MEDLOCK CRESCENT |
| 13 Jun 2022 | £102,034 | £101,000 | 24 SEVERN ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Nov 2014. Using an estimated price of £138,889 means this house is valued at £2,525 per sq meter (£234 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Thames Road |
| Apr 2024 | Other crime | Under investigation | On or near Thames Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nene Court |