£294,409
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2016 the House Price Index for LINCOLNSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £220,000 results in an estimated price of approximately £294,409.
| 30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £220,000 | £74,409 | £294,409 |
The Postcode Pricing Model uses changes in average sales price within the PE12 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 | 41.336 % | £90,938 | £310,938 |
| 3 Month Average | 33.183 % | £73,001 | £293,001 |
| 6 Month Average | 31.648 % | £69,624 | £289,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £268,000 | £268,000 | 10 HELMSLEY WAY |
| 1 Dec 2023 | £250,188 | £242,500 | 17 HELMSLEY WAY |
| 17 Mar 2023 | £272,552 | £268,000 | 18 LOWFIELDS AVENUE |
| 31 Aug 2022 | £108,005 | £107,500 | 9 LOWFIELDS AVENUE |
| 9 May 2022 | £329,586 | £321,000 | 34 HELMSLEY WAY |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 1 Jul 2016. Using an estimated price of £294,409 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on CLEVELAND CLOSE is 121 sq meters (1,308 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirby Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kirby Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kirby Court |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kirby Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirby Court |