£200,833
This estimated value is based upon the latest sale price for the house of £110,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 8 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2009 the House Price Index for LINCOLNSHIRE was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.576%.Applying this 82.576% change to the original purchase price of £110,000 results in an estimated price of approximately £200,833.
| 8 May 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.576 % | £110,000 | £90,833 | £200,833 |
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 | 173.015 % | £190,316 | £300,316 |
| 3 Month Average | 67.162 % | £73,877 | £183,877 |
| 6 Month Average | 73.172 % | £80,489 | £190,489 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jan 2016.
The average size of a house on RAILWAY CLOSE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Railway Close |
| Mar 2024 | Robbery | Under investigation | On or near Railway Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Railway Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Railway Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Meadows |