£254,804
This estimated value is based upon the latest sale price for the house of £210,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 20 Mar 2020 |
| £120,000 | 25 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £210,000 results in an estimated price of approximately £254,804.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £210,000 | £44,804 | £254,804 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 7.662 % | £16,090 | £226,090 |
| 3 Month Average | 25.420 % | £53,381 | £263,381 |
| 6 Month Average | 11.744 % | £24,661 | £234,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £189,299 | £185,000 | 27 MATTHEW FLINDERS WAY |
| 24 Oct 2023 | £204,648 | £200,000 | 13 FRANCIS BERNARD CLOSE |
| 2 Nov 2022 | £54,744 | £55,000 | 23 BRADFORD ROAD |
| 1 Jul 2022 | £95,962 | £95,000 | 43 CARVER ROAD |
| 10 Jun 2022 | £240,133 | £235,000 | 26 MATTHEW FLINDERS WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 12 Dec 2019. Using an estimated price of £254,804 means this house is valued at £2,235 per sq meter (£207 per sq foot).
The average size of a house on MATTHEW FLINDERS WAY is 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Francis Bernard Close |
| May 2024 | Other theft | Under investigation | On or near Bradford Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bradford Road |