£222,212
This estimated value is based upon the latest sale price for the house of £143,000 on 5 Mar 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 5 Mar 2014 |
| £129,995 | 5 Dec 2003 |
| £58,500 | 20 Sep 1999 |
| £51,000 | 3 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2014 the House Price Index for LINCOLNSHIRE was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £143,000 results in an estimated price of approximately £222,212.
| 5 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £143,000 | £79,212 | £222,212 |
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 | 141.986 % | £203,040 | £346,040 |
| 3 Month Average | 51.491 % | £73,632 | £216,632 |
| 6 Month Average | 51.684 % | £73,908 | £216,908 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 30 Jun 2012.
The average size of a house on BOURNE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbot'S Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horse Fayre Fields |
| Jan 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Ellen Crescent |
| Jan 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Ellen Crescent |
| Mar 2024 | Anti-social behaviour | On or near Horseshoe Road |