£198,779
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 19 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 December 2014 the House Price Index for LINCOLNSHIRE was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £135,000 results in an estimated price of approximately £198,779.
| 19 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £135,000 | £63,779 | £198,779 |
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 | 133.178 % | £179,790 | £314,790 |
| 3 Month Average | 41.786 % | £56,410 | £191,410 |
| 6 Month Average | 41.893 % | £56,555 | £191,555 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 18 Jul 2014.
The average size of a house on CATHEDRAL DRIVE is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Lincoln Way |
| Feb 2024 | Possession of weapons | Under investigation | On or near Lincoln Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Dec 2023 | Burglary | Under investigation | On or near Wygate Meadows |