£226,513
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Feb 2023. 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 Feb 2023 |
| £200,000 | 11 Nov 2020 |
| £178,995 | 19 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 February 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £225,000 results in an estimated price of approximately £226,513.
| 17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £225,000 | £1,513 | £226,513 |
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 | 6.245 % | £14,052 | £239,052 |
| 3 Month Average | 1.161 % | £2,612 | £227,612 |
| 6 Month Average | -1.553 % | £-3,494 | £221,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £218,721 | £212,000 | 8 TIBER COURT |
| 14 Sep 2023 | £188,659 | £184,500 | 5 TIBER COURT |
| 21 Aug 2023 | £274,959 | £270,000 | 3 TYNE CLOSE |
| 6 Apr 2023 | £214,003 | £210,000 | 28 NILE DRIVE |
| 17 Feb 2023 | £226,513 | £225,000 | 50 TYNE CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Dec 2011. Using an estimated price of £226,513 means this house is valued at £2,116 per sq meter (£196 per sq foot).
The average size of a house on TYNE CLOSE is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Danube Square | |
| Sep 2024 | Anti-social behaviour | On or near Danube Square | |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Danube Square |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Medina Walk |
| Oct 2024 | Other theft | Under investigation | On or near Stour Close |