£323,783
This estimated value is based upon the latest sale price for the house of £255,000 on 3 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 3 Jul 2017 |
| £260,000 | 29 Jun 2017 |
| £220,000 | 23 Nov 2007 |
| £85,550 | 10 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £255,000 results in an estimated price of approximately £323,783.
| 3 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £255,000 | £68,783 | £323,783 |
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 | 58.971 % | £150,375 | £405,375 |
| 3 Month Average | 18.163 % | £46,316 | £301,316 |
| 6 Month Average | 43.953 % | £112,079 | £367,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £457,784 | £455,000 | 3 CHARLOCK DRIVE |
| 18 Oct 2022 | £561,651 | £570,000 | 58 CHARLOCK DRIVE |
| 5 Feb 2021 | £416,073 | £368,000 | 8 CHARLOCK DRIVE |
| 16 Jun 2020 | £313,593 | £260,000 | 28 BRAMBLE GROVE |
| 18 May 2020 | £270,450 | £222,000 | 20 CHARLOCK DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Jan 2017. Using an estimated price of £323,784 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on SORREL CLOSE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marigold Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Charlock Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Clover Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campion Grove |