£254,563
This estimated value is based upon the latest sale price for the house of £48,000 on 14 Feb 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 14 Feb 1997 |
| Semi-Detached |
| Freehold |
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 1997 the House Price Index for LINCOLNSHIRE was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £48,000 results in an estimated price of approximately £254,563.
| 14 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £48,000 | £206,563 | £254,563 |
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 | 444.108 % | £213,171 | £261,171 |
| 3 Month Average | 425.394 % | £204,188 | £252,188 |
| 6 Month Average | 433.188 % | £207,930 | £255,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £264,057 | £260,000 | 28 REDCOT GARDENS |
| 15 Jun 2023 | £265,317 | £260,000 | 3 REDCOT GARDENS |
| 9 Jun 2023 | £244,908 | £240,000 | 42 REDCOT GARDENS |
| 30 Mar 2023 | £233,906 | £230,000 | 26 REDCOT GARDENS |
| 21 Feb 2023 | £236,580 | £235,000 | 6 CORNWALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Redcot Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Redcot Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Cornwall Road | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Cornwall Road |
| Sep 2024 | Burglary | Under investigation | On or near Cornwall Road |