£89,885
This estimated value is based upon the latest sale price for the house of £82,500 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 3 Nov 2021 |
| £60,000 | 1 Nov 2012 |
| £61,000 | 15 Dec 2006 |
| £102,110 | 19 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £82,500 results in an estimated price of approximately £89,885.
| 3 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £82,500 | £7,385 | £89,885 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | -16.746 % | £-13,815 | £68,684 |
| 3 Month Average | 8.424 % | £6,950 | £89,450 |
| 6 Month Average | 0.640 % | £527 | £83,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £269,867 | £265,000 | 9 GILPIN CLOSE |
| 9 Feb 2023 | £191,227 | £189,950 | 33 HOLLOWAY AVENUE |
| 27 Jan 2023 | £30,080 | £30,000 | 3 EAGLE ROAD |
| 11 Aug 2022 | £246,151 | £245,000 | 20 KESTREL DRIVE |
| 1 Jul 2022 | £72,476 | £71,750 | 19 KESTREL DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 May 2012. Using an estimated price of £89,885 means this house is valued at £1,302 per sq meter (£121 per sq foot).
The average size of a house on MERLIN CLOSE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Merlin Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eagle Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Jul 2024 | Anti-social behaviour | On or near Falcon Way | |
| Jul 2024 | Anti-social behaviour | On or near Falcon Way |