£218,433
This estimated value is based upon the latest sale price for the house of £171,995 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£171,995 | 17 Nov 2017 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £171,995 results in an estimated price of approximately £218,433.
17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £171,995 | £46,438 | £218,433 |
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 | 12.576 % | £21,629 | £193,624 |
3 Month Average | 19.570 % | £33,659 | £205,654 |
6 Month Average | 19.036 % | £32,740 | £204,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £258,979 | £255,000 | 36 SALTERN DRIVE |
15 Sep 2023 | £201,952 | £197,500 | 7 MINSMERE CLOSE |
4 Aug 2023 | £188,398 | £185,000 | 16 SALTERN DRIVE |
2 Feb 2023 | £191,278 | £190,000 | 61 SALTERN DRIVE |
12 Sep 2022 | £184,876 | £185,000 | 29 MINSMERE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Nov 2017. Using an estimated price of £218,434 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on WITHAM ROAD is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
Jun 2024 | Anti-social behaviour | On or near Winsmere Close | |
Jun 2024 | Anti-social behaviour | On or near Winsmere Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winsmere Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sharman Way |