£225,102
This estimated value is based upon the latest sale price for the house of £118,500 on 15 Dec 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 15 Dec 2004 |
| £118,500 | 15 Dec 2004 |
| £67,500 | 3 May 2002 |
| £52,450 | 25 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2004 the House Price Index for LINCOLNSHIRE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £118,500 results in an estimated price of approximately £225,102.
| 15 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £118,500 | £106,602 | £225,102 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 59.134 % | £70,074 | £188,574 |
| 3 Month Average | 68.740 % | £81,457 | £199,957 |
| 6 Month Average | 67.681 % | £80,201 | £198,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £86,916 | £85,000 | 88 VERNON STREET |
| 21 Sep 2023 | £199,396 | £195,000 | 23 BOULTHAM PARK ROAD |
| 8 Jun 2023 | £127,556 | £125,000 | 10 RIVERSIDE LAWNS |
| 26 Apr 2023 | £219,098 | £215,000 | 26 GRESLEY DRIVE |
| 14 Apr 2023 | £214,003 | £210,000 | 61 COULSON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Nov 2015. Using an estimated price of £225,102 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on PEPPERCORN CLOSE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Peppercorn Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gresley Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gresley Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dixon Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Boultham Avenue |