£179,473
This estimated value is based upon the latest sale price for the house of £173,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,000 | 22 Apr 2022 |
| £124,000 | 16 Nov 2015 |
| £124,950 | 23 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £173,000 results in an estimated price of approximately £179,473.
| 22 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £173,000 | £6,473 | £179,473 |
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 | -2.415 % | £-4,177 | £168,822 |
| 3 Month Average | 8.561 % | £14,811 | £187,811 |
| 6 Month Average | 4.315 % | £7,465 | £180,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £200,079 | £195,000 | 36 ST JOHNS ROAD |
| 6 Oct 2023 | £189,299 | £185,000 | 9 BRUCE CLOSE |
| 16 Jun 2023 | £224,499 | £220,000 | 15 BELLFIELD CLOSE |
| 7 Mar 2023 | £198,312 | £195,000 | 9 BELLFIELD CLOSE |
| 17 Jun 2022 | £198,238 | £194,000 | 38 ST JOHNS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Jul 2012. Using an estimated price of £179,474 means this house is valued at £2,719 per sq meter (£252 per sq foot).
The average size of a house on LANCELOT WAY is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lancelot Way |
| Sep 2024 | Anti-social behaviour | On or near Lancelot Way | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lancelot Way |
| Sep 2024 | Anti-social behaviour | On or near Lancelot Way | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pulman Court |