£387,342
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Aug 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Aug 2011 |
| £250,000 | 24 Aug 2007 |
| £75,000 | 1 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,290 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 August 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.152%.Applying this 72.152% change to the original purchase price of £225,000 results in an estimated price of approximately £387,342.
| 17 Aug 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.152 % | £225,000 | £162,342 | £387,342 |
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 | 117.611 % | £264,623 | £489,623 |
| 3 Month Average | 68.925 % | £155,081 | £380,081 |
| 6 Month Average | 106.246 % | £239,054 | £464,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £270,915 | £270,000 | 25 TENNYSON WAY |
| 21 Aug 2023 | £392,386 | £390,000 | 41 CALEDONIAN ROAD |
| 20 Mar 2023 | £120,652 | £120,000 | SUTHERLAND WAY NEWSAGENTS SUTHERLAND WAY |
| 31 Oct 2022 | £328,123 | £333,000 | 4 TENNYSON WAY |
| 6 May 2022 | £411,111 | £405,000 | 16 SUTHERLAND WAY |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 4 May 2011. Using an estimated price of £387,343 means this house is valued at £3,230 per sq meter (£300 per sq foot).
The average size of a house on TENNYSON WAY is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Sutherland Way |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way | |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way | |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way | |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way |