£91,456
This estimated value is based upon the latest sale price for the house of £27,000 on 13 Jul 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£27,000 | 13 Jul 2001 |
£23,750 | 10 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 July 2001 the House Price Index for LINCOLNSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £27,000 results in an estimated price of approximately £91,456.
13 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £27,000 | £64,456 | £91,456 |
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 | 265.811 % | £71,768 | £98,768 |
3 Month Average | 220.009 % | £59,402 | £86,402 |
6 Month Average | 223.709 % | £60,401 | £87,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £86,000 | £86,000 | 4 STANDISH GROVE |
15 Dec 2023 | £288,877 | £280,000 | HEATHERS STANDISH GROVE |
31 Aug 2023 | £157,847 | £155,000 | 23 STANDISH GROVE |
2 Jun 2023 | £255,112 | £250,000 | 26 ST BEDES DRIVE |
31 Mar 2023 | £237,974 | £234,000 | 5 ST BEDES DRIVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 29 Jul 2020. Using an estimated price of £91,456 means this house is valued at £2,126 per sq meter (£197 per sq foot).
The average size of a house on SPILSBY ROAD is 161 sq meters (1,733 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Spilsby Road | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mayfair Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital Lane |
Apr 2024 | Anti-social behaviour | On or near Hospital Lane | |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hospital Lane |