£118,338
This estimated value is based upon the latest sale price for the house of £97,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£97,000 | 19 Jun 2020 |
£79,950 | 3 Dec 2001 |
£69,000 | 25 Oct 1999 |
£60,000 | 1 Dec 1997 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £97,000 results in an estimated price of approximately £118,338.
19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £97,000 | £21,338 | £118,338 |
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 | 17.747 % | £17,214 | £114,214 |
3 Month Average | 19.094 % | £18,521 | £115,521 |
6 Month Average | 16.400 % | £15,908 | £112,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £240,410 | £234,950 | 43 THE CHASE |
24 Aug 2023 | £211,820 | £208,000 | 85 WHITE HOUSE LANE |
21 Aug 2023 | £243,390 | £239,000 | 7 PILGRIM GARDENS |
17 Apr 2023 | £253,746 | £249,000 | 3 HUNTSMAN CLOSE |
31 Mar 2023 | £244,076 | £240,000 | 11 BRIDLE CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Aug 2019. Using an estimated price of £118,338 means this house is valued at £1,219 per sq meter (£113 per sq foot).
The average size of a house on WHITE HOUSE LANE is 165 sq meters (1,780 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bridle Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Chase |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Chase |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Furrows |
May 2024 | Anti-social behaviour | On or near The Furrows |