£243,143
This estimated value is based upon the latest sale price for the house of £155,000 on 23 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£155,000 | 23 Apr 2014 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £155,000 results in an estimated price of approximately £243,143.
23 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £155,000 | £88,143 | £243,143 |
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 | 57.445 % | £89,039 | £244,039 |
3 Month Average | 50.305 % | £77,972 | £232,972 |
6 Month Average | 51.442 % | £79,735 | £234,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £215,469 | £210,000 | 14 REMBRANDT WAY |
17 Oct 2023 | £204,648 | £200,000 | 48 REMBRANDT WAY |
12 Oct 2023 | £344,832 | £337,000 | 8 REMBRANDT WAY |
28 Mar 2023 | £155,090 | £152,500 | 3 DELFT COURT HORSESHOE ROAD |
12 Aug 2022 | £200,940 | £200,000 | 80 REMBRANDT WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 9 Jan 2014. Using an estimated price of £243,143 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on REMBRANDT WAY is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Van Gogh Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Teagans Close |
Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |
Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |
Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |