£192,523
This estimated value is based upon the latest sale price for the house of £152,500 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £152,500 | 2 Mar 2018 |
| £50,000 | 17 May 1996 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2018 the House Price Index for LINCOLNSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £152,500 results in an estimated price of approximately £192,523.
| 2 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £152,500 | £40,023 | £192,523 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 31.549 % | £48,112 | £200,612 |
| 3 Month Average | 17.684 % | £26,968 | £179,468 |
| 6 Month Average | 12.848 % | £19,593 | £172,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £187,766 | £183,000 | 34 ACACIA WAY |
| 2 Jun 2023 | £183,681 | £180,000 | 20 CHERRY WALK |
| 5 Jan 2023 | £175,469 | £175,000 | 14 CHERRY WALK |
| 24 Nov 2022 | £174,186 | £175,000 | 34 CHERRY WALK |
| 26 Sep 2022 | £169,837 | £169,950 | 16 CHERRY WALK |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 May 2017. Using an estimated price of £192,523 means this house is valued at £1,851 per sq meter (£171 per sq foot).
The average size of a house on HESSLE AVENUE is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Acacia Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Acacia Way |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Acacia Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cherry Walk |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cherry Walk |