£280,616
This estimated value is based upon the latest sale price for the house of £129,995 on 9 Jan 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,995 | 9 Jan 2004 |
| £59,995 | 23 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 652 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 January 2004 the House Price Index for LINCOLNSHIRE was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £129,995 results in an estimated price of approximately £280,616.
| 9 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £129,995 | £150,621 | £280,616 |
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 | 107.655 % | £139,945 | £269,940 |
| 3 Month Average | 126.932 % | £165,005 | £295,000 |
| 6 Month Average | 130.050 % | £169,057 | £299,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £265,861 | £260,000 | 15 CEDAR ROAD |
| 15 Jul 2022 | £459,605 | £455,000 | 3 BEECH GROVE |
| 14 Apr 2022 | £492,775 | £475,000 | 37 OAK ROAD |
| 16 Feb 2022 | £316,937 | £300,000 | 12 FIR ROAD |
| 13 Dec 2021 | £453,309 | £420,000 | 36 CEDAR ROAD |
This house has a floor area of 60 sq meters or 652 sq feet when measured on 6 Jul 2011. Using an estimated price of £280,616 means this house is valued at £4,626 per sq meter (£429 per sq foot).
The average size of a house on OAK ROAD is 122 sq meters (1,315 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Charlock Drive |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Charlock Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Close |