£183,487
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£85,000 | 30 Jan 2004 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 January 2004 the House Price Index for LINCOLNSHIRE was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £85,000 results in an estimated price of approximately £183,487.
30 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 149.7 | 115.867 % | £85,000 | £98,487 | £183,487 |
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 | 105.602 % | £89,762 | £174,762 |
3 Month Average | 80.304 % | £68,258 | £153,258 |
6 Month Average | 77.638 % | £65,991 | £150,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £198,027 | £193,000 | 35 COLINDALE |
3 Nov 2023 | £101,578 | £99,000 | 21 FORBES ROAD |
29 Aug 2023 | £151,737 | £149,000 | 5 LEVERETT ROAD |
4 Aug 2023 | £338,098 | £332,000 | 199 FREISTON ROAD |
14 Apr 2023 | £262,918 | £258,000 | 201 FREISTON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Jul 2019. Using an estimated price of £183,487 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on WELLINGTON ROAD is 97 sq meters (1,048 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Leverett Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Leverett Road |
Jul 2024 | Shoplifting | Under investigation | On or near Forbes Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forbes Road |
Jul 2024 | Anti-social behaviour | On or near Forbes Road |