£295,238
This estimated value is based upon the latest sale price for the house of £157,500 on 13 Oct 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,500 | 13 Oct 2004 |
| £111,500 | 1 Mar 2002 |
| £68,000 | 1 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2004 the House Price Index for LINCOLNSHIRE was 78.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 87.453%.Applying this 87.453% change to the original purchase price of £157,500 results in an estimated price of approximately £295,238.
| 13 Oct 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 146.7 | 87.453 % | £157,500 | £137,738 | £295,238 |
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 | 48.553 % | £76,471 | £233,971 |
| 3 Month Average | 57.331 % | £90,296 | £247,796 |
| 6 Month Average | 61.747 % | £97,251 | £254,751 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 25 Feb 2020.
The average size of a house on WAKES CLOSE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tannery Close |
| Dec 2023 | Other theft | Under investigation | On or near Tannery Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bus/Coach Station |
| Mar 2024 | Other crime | Under investigation | On or near Cherry Holt Square |
| Mar 2024 | Anti-social behaviour | On or near Cherry Holt Square |