£162,763
This estimated value is based upon the latest sale price for the house of £137,500 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 21 Aug 2020 |
| £119,950 | 19 Jan 2007 |
| £87,000 | 13 Jan 2004 |
| £59,995 | 9 May 2002 |
| £38,000 | 2 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £137,500 results in an estimated price of approximately £162,763.
| 21 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £137,500 | £25,263 | £162,763 |
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 | 85.036 % | £116,924 | £254,424 |
| 3 Month Average | 20.669 % | £28,420 | £165,920 |
| 6 Month Average | 19.106 % | £26,270 | £163,770 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Feb 2020.
The average size of a house on GALWAY CLOSE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Westerly Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shire Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shire Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avignon Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avignon Road |