£242,677
This estimated value is based upon the latest sale price for the house of £194,995 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,995 | 29 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £194,995 results in an estimated price of approximately £242,677.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £194,995 | £47,682 | £242,677 |
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 | 52.391 % | £102,159 | £297,154 |
| 3 Month Average | 24.268 % | £47,321 | £242,316 |
| 6 Month Average | 20.154 % | £39,299 | £234,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £258,979 | £255,000 | 36 SALTERN DRIVE |
| 15 Sep 2023 | £201,952 | £197,500 | 7 MINSMERE CLOSE |
| 4 Aug 2023 | £188,398 | £185,000 | 16 SALTERN DRIVE |
| 10 Feb 2023 | £226,513 | £225,000 | 32 SALTERN DRIVE |
| 2 Feb 2023 | £191,278 | £190,000 | 61 SALTERN DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jan 2019. Using an estimated price of £242,678 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on SALTERN DRIVE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winsmere Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsmere Close |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close |