£310,781
This estimated value is based upon the latest sale price for the house of £248,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £248,000 | 29 Jun 2018 |
| £185,000 | 14 Aug 2014 |
| £199,950 | 28 May 2010 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,325 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 June 2018 the House Price Index for LINCOLNSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £248,000 results in an estimated price of approximately £310,781.
| 29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £248,000 | £62,781 | £310,781 |
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 | 23.877 % | £59,215 | £307,215 |
| 3 Month Average | 25.760 % | £63,885 | £311,885 |
| 6 Month Average | 27.437 % | £68,044 | £316,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £317,759 | £315,000 | 5 SHACKLETON CLOSE |
| 6 Nov 2023 | £307,814 | £300,000 | 9 COOK DRIVE |
| 3 Nov 2023 | £282,532 | £275,360 | 2 ARMSTRONG ROAD |
| 24 Oct 2023 | £250,694 | £245,000 | 10 MAGELLAN WAY |
| 14 Jul 2022 | £191,923 | £190,000 | GARAGE ASSOCIATED WITH 13 ALDRIN CLOSE |
This house has a floor area of 123 sq meters or 1,325 sq feet when measured on 20 Apr 2010. Using an estimated price of £310,781 means this house is valued at £2,524 per sq meter (£234 per sq foot).
The average size of a house on GILES ROAD is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Scott Drive |
| Oct 2024 | Anti-social behaviour | On or near Scott Drive | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Scott Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Henson Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henson Close |