£158,147
This estimated value is based upon the latest sale price for the house of £128,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 8 Nov 2019 |
| £134,950 | 25 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £128,000 results in an estimated price of approximately £158,147.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £128,000 | £30,147 | £158,147 |
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 | 13.154 % | £16,837 | £144,837 |
| 3 Month Average | 13.415 % | £17,171 | £145,171 |
| 6 Month Average | 19.517 % | £24,981 | £152,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £203,500 | £203,500 | 4 MACARTHUR COURT |
| 20 Oct 2023 | £271,159 | £265,000 | 2A PICCARD DRIVE |
| 14 Jul 2022 | £191,923 | £190,000 | GARAGE ASSOCIATED WITH 13 ALDRIN CLOSE |
| 4 Nov 2021 | £217,904 | £200,000 | 5 PICCARD DRIVE |
| 30 Sep 2021 | £175,862 | £162,000 | 7 BONNINGTON COURT |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 30 Mar 2019. Using an estimated price of £158,147 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on PICCARD DRIVE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Piccard Drive |
| Oct 2024 | Drugs | Under investigation | On or near Piccard Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Piccard Drive |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Piccard Drive |
| Oct 2024 | Other theft | Under investigation | On or near Cortez Close |