£178,307
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Fern Drive
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Sep 2014 |
| £154,000 | 10 Jul 2009 |
| £67,995 | 22 May 1998 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £120,000 results in an estimated price of approximately £178,307.
| 17 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £120,000 | £58,307 | £178,307 |
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 | 135.921 % | £163,105 | £283,105 |
| 3 Month Average | 41.088 % | £49,305 | £169,305 |
| 6 Month Average | 45.031 % | £54,036 | £174,036 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 31 Jul 2014.
The average size of a house on FAIRVIEW WAY is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fern Drive |
| Jan 2024 | Other theft | Under investigation | On or near Smithdale Close |
| Jan 2024 | Burglary | Under investigation | On or near Smithdale Close |
| Feb 2024 | Other theft | Under investigation | On or near Daniels Gate |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clumber Drive |