£559,586
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Oct 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 14 Oct 2011 |
| £230,000 | 13 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,157 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 October 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.180%.Applying this 72.180% change to the original purchase price of £325,000 results in an estimated price of approximately £559,586.
| 14 Oct 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.180 % | £325,000 | £234,586 | £559,586 |
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 | 116.043 % | £377,141 | £702,141 |
| 3 Month Average | 66.698 % | £216,768 | £541,768 |
| 6 Month Average | 99.042 % | £321,886 | £646,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £605,730 | £600,000 | 59 CEDAR ROAD |
| 15 Jul 2022 | £454,386 | £455,000 | 3 BEECH GROVE |
| 8 Jul 2022 | £299,595 | £300,000 | 9 HAZEL GROVE |
| 1 Jul 2022 | £295,601 | £296,000 | 12 CEDAR ROAD |
| 13 Dec 2021 | £448,161 | £420,000 | 36 CEDAR ROAD |
This house has a floor area of 107 sq meters or 1,157 sq feet when measured on 18 Apr 2010. Using an estimated price of £559,586 means this house is valued at £5,205 per sq meter (£483 per sq foot).
The average size of a house on CEDAR ROAD is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Charlock Drive |
| 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Troon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campion Grove |