£179,729
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Nov 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 19 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2007 the House Price Index for LINCOLNSHIRE was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £115,000 results in an estimated price of approximately £179,729.
| 19 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £115,000 | £64,729 | £179,729 |
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 | 48.165 % | £55,389 | £170,389 |
| 3 Month Average | 42.988 % | £49,436 | £164,436 |
| 6 Month Average | 43.218 % | £49,700 | £164,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £204,648 | £200,000 | 48 REMBRANDT WAY |
| 12 Oct 2023 | £344,832 | £337,000 | 8 REMBRANDT WAY |
| 16 Jun 2023 | £224,499 | £220,000 | 15 BELLFIELD CLOSE |
| 7 Mar 2023 | £198,312 | £195,000 | 9 BELLFIELD CLOSE |
| 29 Jun 2022 | £393,410 | £385,000 | 4 DAFFODIL CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 30 Jun 2016. Using an estimated price of £179,730 means this house is valued at £1,576 per sq meter (£146 per sq foot).
The average size of a house on HAWTHORN BANK is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Teagans Close |
| Oct 2024 | Anti-social behaviour | On or near May Blossom Walk | |
| Jul 2024 | Anti-social behaviour | On or near May Blossom Walk | |
| Jul 2024 | Anti-social behaviour | On or near May Blossom Walk | |
| Jul 2024 | Anti-social behaviour | On or near May Blossom Walk |