£268,078
This estimated value is based upon the latest sale price for the house of £217,500 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £217,500 | 14 Feb 2020 |
| £150,000 | 29 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £217,500 results in an estimated price of approximately £268,078.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £217,500 | £50,578 | £268,078 |
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 | 27.529 % | £59,874 | £277,374 |
| 3 Month Average | 15.945 % | £34,680 | £252,180 |
| 6 Month Average | 16.123 % | £35,067 | £252,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £215,469 | £210,000 | 14 REMBRANDT WAY |
| 17 Oct 2023 | £204,648 | £200,000 | 48 REMBRANDT WAY |
| 12 Oct 2023 | £344,832 | £337,000 | 8 REMBRANDT WAY |
| 28 Mar 2023 | £155,090 | £152,500 | 3 DELFT COURT HORSESHOE ROAD |
| 12 Aug 2022 | £200,940 | £200,000 | 80 REMBRANDT WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Jul 2013. Using an estimated price of £268,079 means this house is valued at £2,978 per sq meter (£276 per sq foot).
The average size of a house on REMBRANDT WAY is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Van Gogh Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Teagans Close |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leiden Fields |