£339,857
This estimated value is based upon the latest sale price for the house of £275,000 on 11 Dec 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 11 Dec 2019 |
| £225,000 | 5 Mar 2015 |
| £247,000 | 24 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 December 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £275,000 results in an estimated price of approximately £339,857.
| 11 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £275,000 | £64,857 | £339,857 |
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 | 14.235 % | £39,147 | £314,147 |
| 3 Month Average | 16.149 % | £44,410 | £319,410 |
| 6 Month Average | 18.835 % | £51,795 | £326,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £369,376 | £360,000 | 26 MULBERRY WAY |
| 30 Oct 2023 | £373,483 | £365,000 | 33 MATMORE GATE |
| 23 Aug 2023 | £212,839 | £209,000 | 14 MATMORE GATE |
| 18 Aug 2023 | £288,198 | £283,000 | 3 MULBERRY WAY |
| 6 Jan 2023 | £195,522 | £195,000 | 2 MATMORE GATE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 2 Apr 2013. Using an estimated price of £339,857 means this house is valued at £2,059 per sq meter (£191 per sq foot).
The average size of a house on MATMORE GATE is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Matmore Gate |
| Oct 2024 | Anti-social behaviour | On or near Cameron Drive | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cameron Drive |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cameron Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cameron Drive |