£427,519
This estimated value is based upon the latest sale price for the house of £111,700 on 18 Apr 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £111,700 | 18 Apr 2000 |
| £82,000 | 24 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 April 2000 the House Price Index for LINCOLNSHIRE was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £111,700 results in an estimated price of approximately £427,519.
| 18 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £111,700 | £315,819 | £427,519 |
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 | 530.698 % | £592,789 | £704,489 |
| 3 Month Average | 327.393 % | £365,697 | £477,397 |
| 6 Month Average | 320.060 % | £357,507 | £469,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £438,811 | £435,000 | 189 CASTERTON ROAD |
| 17 Nov 2023 | £282,162 | £275,000 | 12 BIRCH ROAD |
| 20 Oct 2023 | £225,062 | £219,950 | 79 ARRAN ROAD |
| 13 Jan 2023 | £551,474 | £550,000 | 11 FIFE CLOSE |
| 18 Oct 2022 | £338,868 | £340,000 | 16 ABERDEEN CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 12 Jul 2013. Using an estimated price of £427,519 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on FIFE CLOSE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Under investigation | On or near Birch Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradshaw Close |
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Charlock Drive |