£156,557
This estimated value is based upon the latest sale price for the house of £124,500 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,500 | 13 Apr 2018 |
| £106,000 | 20 May 2011 |
| £41,600 | 21 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 525 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 2018 the House Price Index for LINCOLNSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £124,500 results in an estimated price of approximately £156,557.
| 13 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £124,500 | £32,057 | £156,557 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 26.301 % | £32,745 | £157,245 |
| 3 Month Average | 16.690 % | £20,779 | £145,279 |
| 6 Month Average | 13.085 % | £16,290 | £140,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £208,199 | £205,000 | 11 BRACKENBURY WAY |
| 5 Dec 2023 | £134,121 | £130,000 | 3A SINCLAIR CLOSE |
| 17 Nov 2023 | £134,412 | £131,000 | 14 MEDFORTH LANE |
| 28 Sep 2023 | £171,787 | £168,000 | 48 MEDFORTH LANE |
| 20 Feb 2023 | £113,257 | £112,500 | 4 MEDFORTH LANE |
This house has a floor area of 48 sq meters or 525 sq feet when measured on 4 Mar 2011. Using an estimated price of £156,558 means this house is valued at £3,204 per sq meter (£297 per sq foot).
The average size of a house on MEDFORTH LANE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Medforth Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Davey Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burrows Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Parsons Drive |