£261,884
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 22 Nov 2013 |
| £122,500 | 7 Mar 2003 |
| £85,000 | 2 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2013 the House Price Index for LINCOLNSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £160,000 results in an estimated price of approximately £261,884.
| 22 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £160,000 | £101,884 | £261,884 |
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 | 36.557 % | £58,491 | £218,491 |
| 3 Month Average | 46.282 % | £74,051 | £234,051 |
| 6 Month Average | 43.998 % | £70,396 | £230,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £259,076 | £252,500 | 1 HALF CROWN COURT |
| 10 Mar 2023 | £94,071 | £92,500 | FLAT 1 228 WYBERTON WEST ROAD |
| 16 May 2022 | £251,553 | £245,000 | 4 CATER WAY |
| 21 Apr 2022 | £241,719 | £233,000 | 1 WOODVILLE GARDENS EAST |
| 26 Nov 2021 | £337,751 | £310,000 | 3 HALF PENNY COURT |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Feb 2017. Using an estimated price of £261,884 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on CATER WAY is 129 sq meters (1,397 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cater Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Florin Drive |
| Aug 2024 | Anti-social behaviour | On or near Wyberton West Road | |
| Aug 2024 | Anti-social behaviour | On or near Wyberton West Road | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wyberton West Road |