£197,617
This estimated value is based upon the latest sale price for the house of £157,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Chaucer'S Way
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £157,000 | 15 Feb 2018 |
| £140,000 | 31 Mar 2016 |
| £145,000 | 25 Jul 2014 |
| £99,000 | 19 Sep 2003 |
| £52,000 | 8 Dec 2000 |
| £32,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 February 2018 the House Price Index for LINCOLNSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £157,000 results in an estimated price of approximately £197,617.
| 15 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £157,000 | £40,617 | £197,617 |
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 | 41.293 % | £64,830 | £221,830 |
| 3 Month Average | 22.983 % | £36,083 | £193,083 |
| 6 Month Average | 26.292 % | £41,278 | £198,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £188,000 | £188,000 | 11 FIRST AVENUE |
| 2 Feb 2023 | £176,177 | £175,000 | 7 THIRD AVENUE |
| 19 Jan 2023 | £205,549 | £205,000 | 37 PILGRIMS WAY |
| 29 Sep 2022 | £226,848 | £227,000 | 29 STOUR CLOSE |
| 15 Jun 2022 | £168,604 | £165,000 | 275 PENNYGATE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Mar 2014. Using an estimated price of £197,617 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on CHAUCERS WAY is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer'S Way |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue |