£267,076
This estimated value is based upon the latest sale price for the house of £214,950 on 8 Jul 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £214,950 | 8 Jul 2019 |
| £142,500 | 6 Mar 2013 |
| £132,000 | 16 Feb 2012 |
| £55,950 | 11 Dec 1998 |
| £52,000 | 14 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2019 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £214,950 results in an estimated price of approximately £267,076.
| 8 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £214,950 | £52,126 | £267,076 |
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 | 3.537 % | £7,601 | £222,551 |
| 3 Month Average | 6.455 % | £13,874 | £228,824 |
| 6 Month Average | 15.211 % | £32,696 | £247,646 |
| 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 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Apr 2019. Using an estimated price of £267,076 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on REDCOT GARDENS is 73 sq meters (788 sq feet).
| 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 |