£257,698
This estimated value is based upon the latest sale price for the house of £94,950 on 6 Sep 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £94,950 | 6 Sep 2002 |
| £57,000 | 11 Nov 1999 |
| £52,950 | 11 Jan 1996 |
| 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 September 2002 the House Price Index for LINCOLNSHIRE was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £94,950 results in an estimated price of approximately £257,698.
| 6 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 149.7 | 171.405 % | £94,950 | £162,748 | £257,698 |
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 | 120.205 % | £114,134 | £209,084 |
| 3 Month Average | 151.766 % | £144,102 | £239,052 |
| 6 Month Average | 154.312 % | £146,519 | £241,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £160,902 | £158,000 | 39 REAMS CLOSE |
| 6 Feb 2023 | £140,941 | £140,000 | 29 REAMS CLOSE |
| 3 Feb 2023 | £119,800 | £119,000 | 4 WING DRIVE |
| 1 Feb 2023 | £115,773 | £115,000 | 12 SMALLEY ROAD |
| 6 Jan 2023 | £150,402 | £150,000 | 50 WING DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Judge Close | |
| Aug 2024 | Anti-social behaviour | On or near Judge Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reams Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pettit Way |
| Sep 2024 | Bicycle theft | Under investigation | On or near Pettit Way |