£580,568
This estimated value is based upon the latest sale price for the house of £545,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £545,000 | 24 Feb 2022 |
| £295,000 | 30 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2022 the House Price Index for LINCOLNSHIRE was 95.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 6.526%.Applying this 6.526% change to the original purchase price of £545,000 results in an estimated price of approximately £580,568.
| 24 Feb 2022 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.0 | 101.2 | 6.526 % | £545,000 | £35,568 | £580,568 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | -19.296 % | £-105,165 | £439,834 |
| 3 Month Average | -11.746 % | £-64,015 | £480,984 |
| 6 Month Average | -1.367 % | £-7,447 | £537,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2024 | £230,684 | £230,000 | 10 ZEBRA COTTAGES |
| 29 Jul 2024 | £404,186 | £395,000 | 7 THE COURTYARD |
| 19 Jul 2024 | £670,233 | £655,000 | 17 EMPINGHAM ROAD |
| 12 Jul 2024 | £216,930 | £212,000 | 8 ZEBRA COTTAGES |
| 12 Jul 2024 | £603,721 | £590,000 | 10 ERMINE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Aug 2019. Using an estimated price of £580,568 means this house is valued at £7,639 per sq meter (£709 per sq foot).
The average size of a house on VENCE CLOSE is 190 sq meters (2,045 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Fox Dale |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Way |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Close |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Close |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near The Paddock |