£152,222
This estimated value is based upon the latest sale price for the house of £37,500 on 10 Dec 1999. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £37,500 | 10 Dec 1999 |
| £30,000 | 9 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 December 1999 the House Price Index for LINCOLNSHIRE was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £37,500 results in an estimated price of approximately £152,222.
| 10 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £37,500 | £114,722 | £152,222 |
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 | 269.812 % | £101,179 | £138,679 |
| 3 Month Average | 273.522 % | £102,570 | £140,070 |
| 6 Month Average | 278.307 % | £104,365 | £141,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £214,995 | £214,995 | 3 WATER LANE |
| 30 Apr 2024 | £116,007 | £115,000 | 2 WELLAND CLOSE |
| 3 Aug 2023 | £134,934 | £132,500 | 14 WELLAND CLOSE |
| 16 Jun 2023 | £591,861 | £580,000 | OLD WELLAND COTTAGE, 66 LONDON ROAD |
| 1 Jun 2023 | £163,272 | £160,000 | 101B LONDON ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 21 Dec 2018. Using an estimated price of £152,222 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on GAMLYN CLOSE is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near St Thomas'S Road |