£235,926
This estimated value is based upon the latest sale price for the house of £137,500 on 1 Feb 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£137,500 | 1 Feb 2010 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2010 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £137,500 results in an estimated price of approximately £235,926.
1 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £137,500 | £98,426 | £235,926 |
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 | 69.285 % | £95,266 | £232,766 |
3 Month Average | 54.435 % | £74,848 | £212,348 |
6 Month Average | 57.374 % | £78,889 | £216,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £317,759 | £315,000 | 5 SHACKLETON CLOSE |
6 Nov 2023 | £307,814 | £300,000 | 9 COOK DRIVE |
3 Nov 2023 | £282,532 | £275,360 | 2 ARMSTRONG ROAD |
24 Oct 2023 | £250,694 | £245,000 | 10 MAGELLAN WAY |
14 Jul 2022 | £191,923 | £190,000 | GARAGE ASSOCIATED WITH 13 ALDRIN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Oct 2017. Using an estimated price of £235,927 means this house is valued at £2,711 per sq meter (£251 per sq foot).
The average size of a house on GILES ROAD is 111 sq meters (1,201 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Scott Drive |
Oct 2024 | Anti-social behaviour | On or near Scott Drive | |
Jul 2024 | Vehicle crime | Under investigation | On or near Scott Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Henson Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henson Close |