£286,253
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 24 Jan 2022 |
| £212,500 | 29 Jan 2015 |
| £214,000 | 16 Sep 2009 |
| £218,000 | 31 Jul 2008 |
| £214,950 | 31 Jan 2006 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £270,000 results in an estimated price of approximately £286,253.
| 24 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £270,000 | £16,253 | £286,253 |
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 | -7.066 % | £-19,078 | £250,921 |
| 3 Month Average | 7.044 % | £19,019 | £289,019 |
| 6 Month Average | 8.341 % | £22,521 | £292,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £409,016 | £400,000 | 8 HOBSONS GREEN |
| 18 Aug 2023 | £383,924 | £377,000 | 9 SNOWDROP PLACE |
| 18 Aug 2023 | £258,665 | £254,000 | 9 BELISANA ROAD |
| 1 Jun 2023 | £413,282 | £405,000 | 12 BELISANA ROAD |
| 15 Jul 2022 | £222,227 | £220,000 | 40 ROEBURN WAY |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 12 Mar 2020. Using an estimated price of £286,254 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on HOBSONS GREEN is 198 sq meters (2,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near St Nicholas Way |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Way | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Way | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Way | |
| Oct 2024 | Anti-social behaviour | On or near Perry Close |