£239,787
This estimated value is based upon the latest sale price for the house of £146,500 on 25 Nov 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £146,500 | 25 Nov 2013 |
| £115,000 | 25 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 705 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 £146,500 results in an estimated price of approximately £239,787.
| 25 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £146,500 | £93,287 | £239,787 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 41.457 % | £60,734 | £207,234 |
| 3 Month Average | 73.910 % | £108,277 | £254,777 |
| 6 Month Average | 64.247 % | £94,122 | £240,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £189,918 | £187,000 | 55 KINGSWAY |
| 12 Mar 2024 | £253,901 | £250,000 | 92 KINGSWAY |
| 20 Oct 2023 | £306,972 | £300,000 | 28 KINGSWAY |
| 24 Feb 2023 | £276,849 | £275,000 | 91 KINGSWAY |
| 28 Jan 2022 | £156,909 | £148,000 | 50 KINGSWAY |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 4 Nov 2008. Using an estimated price of £239,788 means this house is valued at £3,659 per sq meter (£339 per sq foot).
The average size of a house on KINGSWAY is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Lonsdale Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Oct 2024 | Other crime | Under investigation | On or near Arnhem Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kohima Close |