£434,254
This estimated value is based upon the latest sale price for the house of £345,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 23 Feb 2018 |
| £233,000 | 25 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 £345,000 results in an estimated price of approximately £434,254.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £345,000 | £89,254 | £434,254 |
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 % | £142,461 | £487,461 |
| 3 Month Average | 22.983 % | £79,291 | £424,291 |
| 6 Month Average | 26.292 % | £90,707 | £435,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £355,461 | £350,000 | 1 CASTLEFIELDS |
| 24 Mar 2023 | £255,212 | £250,950 | 22 WEST ELLOE AVENUE |
| 4 Aug 2022 | £276,287 | £274,995 | 33 WEST ELLOE AVENUE |
| 28 Jul 2022 | £343,441 | £340,000 | 29 WEST ELLOE AVENUE |
| 25 Mar 2022 | £271,423 | £260,000 | 58 LADYWOOD ROAD |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 18 Dec 2015. Using an estimated price of £434,255 means this house is valued at £1,938 per sq meter (£180 per sq foot).
The average size of a house on WEST ELLOE AVENUE is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Castlefields |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Castlefields |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Castlefields |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castlefields |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ladywood Road |