£298,531
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 9 Sep 2021 |
| £177,500 | 31 Mar 2014 |
| £175,500 | 3 Nov 2004 |
| £129,000 | 31 Jan 2003 |
| £74,695 | 16 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £275,000 results in an estimated price of approximately £298,531.
| 9 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £275,000 | £23,531 | £298,531 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 16.476 % | £45,309 | £320,309 |
| 3 Month Average | 11.846 % | £32,577 | £307,577 |
| 6 Month Average | 0.988 % | £2,716 | £277,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £304,646 | £302,000 | 23 LYNDON WAY |
| 26 Mar 2024 | £487,490 | £480,000 | 11 KINGSDOWN DRIVE |
| 21 Sep 2023 | £342,551 | £335,000 | 5 COTTESMORE ROAD |
| 11 Apr 2023 | £351,576 | £345,000 | 4 TILL PLACE |
| 12 Sep 2022 | £379,746 | £380,000 | 71 LONSDALE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Feb 2020. Using an estimated price of £298,532 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on LONSDALE ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hobbs Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hobbs Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hobbs Gardens |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hobbs Gardens |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hobbs Gardens |