£345,106
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Apr 2014 |
| £127,000 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £220,000 results in an estimated price of approximately £345,106.
| 28 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £220,000 | £125,106 | £345,106 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 51.456 % | £113,203 | £333,203 |
| 3 Month Average | 51.126 % | £112,477 | £332,477 |
| 6 Month Average | 41.722 % | £91,788 | £311,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £278,508 | £269,950 | 4 BECK WAY |
| 19 Sep 2023 | £455,031 | £445,000 | 6 BECK WAY |
| 3 Apr 2023 | £183,431 | £180,000 | 1 ALDER CLOSE |
| 6 Jul 2022 | £333,340 | £330,000 | 15 ALDER CLOSE |
| 21 Feb 2022 | £422,583 | £400,000 | 5 ERESBIE ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 2 Dec 2013. Using an estimated price of £345,106 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on BECK WAY is 171 sq meters (1,846 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Graye Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Havelok Close |
| Oct 2024 | Anti-social behaviour | On or near Blanchard Road | |
| Sep 2024 | Public order | Under investigation | On or near Blanchard Road |
| Aug 2024 | Anti-social behaviour | On or near Blanchard Road |