£170,091
This estimated value is based upon the latest sale price for the house of £138,000 on 19 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 19 Feb 2020 |
| £116,000 | 6 Jan 2006 |
| £119,950 | 30 Sep 2005 |
| £62,950 | 18 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 £138,000 results in an estimated price of approximately £170,091.
| 19 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £138,000 | £32,091 | £170,091 |
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 | 40.249 % | £55,543 | £193,543 |
| 3 Month Average | 22.871 % | £31,562 | £169,562 |
| 6 Month Average | 10.761 % | £14,850 | £152,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £157,419 | £155,000 | 56 SIR ISAAC NEWTON DRIVE |
| 30 Jun 2022 | £183,881 | £179,950 | 21 SIR ISAAC NEWTON DRIVE |
| 26 Apr 2022 | £181,497 | £174,950 | 40 SIR ISAAC NEWTON DRIVE |
| 8 Apr 2022 | £269,730 | £260,000 | 39 SIR ISAAC NEWTON DRIVE |
| 21 Feb 2022 | £241,929 | £229,000 | 22 STEPHENSON CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 May 2019. Using an estimated price of £170,091 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on STEPHENSON CLOSE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stephenson Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Whittle Close |
| May 2024 | Burglary | Under investigation | On or near Bell Court |
| Jul 2024 | Anti-social behaviour | On or near Edison Way |