£303,938
This estimated value is based upon the latest sale price for the house of £246,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £246,000 | 28 Nov 2019 |
| £76,000 | 30 May 1997 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £246,000 results in an estimated price of approximately £303,938.
| 28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £246,000 | £57,938 | £303,938 |
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 | 13.154 % | £32,359 | £278,359 |
| 3 Month Average | 13.415 % | £33,001 | £279,001 |
| 6 Month Average | 19.517 % | £48,010 | £294,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £234,703 | £230,000 | 3 FARRIER WAY |
| 17 Feb 2023 | £229,533 | £228,000 | 63A BOURNE ROAD |
| 18 Jan 2023 | £230,616 | £230,000 | 63B BOURNE ROAD |
| 26 Aug 2022 | £273,278 | £272,000 | 7 HORSE FAYRE FIELDS |
| 5 Aug 2022 | £182,855 | £182,000 | 24 HORSE FAYRE FIELDS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Jan 2018. Using an estimated price of £303,939 means this house is valued at £2,511 per sq meter (£233 per sq foot).
The average size of a house on HORSE FAYRE FIELDS is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Horse Fayre Fields |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horse Fayre Fields |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Wende |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near The Wende |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Wende |