£257,422
This estimated value is based upon the latest sale price for the house of £151,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£151,000 | 30 Nov 2012 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2012 the House Price Index for LINCOLNSHIRE was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £151,000 results in an estimated price of approximately £257,422.
30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £151,000 | £106,422 | £257,422 |
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 | 58.602 % | £88,489 | £239,489 |
3 Month Average | 52.851 % | £79,805 | £230,805 |
6 Month Average | 53.476 % | £80,748 | £231,748 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Oct 2024 | £189,950 | £189,950 | 26 WOODFIELD CLOSE |
13 May 2024 | £337,500 | £337,500 | 62 SAXON CLOSE |
30 Oct 2023 | £248,136 | £242,500 | 76 SAXON CLOSE |
15 Mar 2023 | £249,161 | £245,000 | 5 THORNTON ROAD |
3 Feb 2023 | £271,816 | £270,000 | 7 HEATHFIELD AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Apr 2012. Using an estimated price of £257,422 means this house is valued at £2,767 per sq meter (£257 per sq foot).
The average size of a house on THORNTON ROAD is 141 sq meters (1,524 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Thornton Road | |
Sep 2024 | Anti-social behaviour | On or near Thornton Road | |
Sep 2024 | Anti-social behaviour | On or near Heathfield Avenue | |
Sep 2024 | Anti-social behaviour | On or near Heathfield Avenue | |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Heathfield Avenue |