£315,240
This estimated value is based upon the latest sale price for the house of £237,500 on 9 Nov 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £237,500 | 9 Nov 2016 |
| £143,000 | 30 May 2003 |
| £76,500 | 31 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2016 the House Price Index for LINCOLNSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £237,500 results in an estimated price of approximately £315,240.
| 9 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £237,500 | £77,740 | £315,240 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 2.587 % | £6,144 | £243,644 |
| 3 Month Average | 55.012 % | £130,653 | £368,153 |
| 6 Month Average | 36.536 % | £86,773 | £324,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £378,000 | £378,000 | 124 STEPHENSON WAY |
| 30 Jun 2023 | £333,687 | £327,000 | 52 MILL DROVE |
| 8 Jun 2023 | £367,362 | £360,000 | 50 NORTHFIELDS |
| 28 Mar 2023 | £416,963 | £410,000 | 37 STEPHENSON WAY |
| 10 Jun 2022 | £296,334 | £290,000 | 20 NORTHFIELDS |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 1 May 2015. Using an estimated price of £315,241 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on STEPHENSON WAY is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northfields |
| Oct 2024 | Vehicle crime | Under investigation | On or near Richardson Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richardson Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |