£173,800
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 9 Oct 2018 |
| £123,500 | 12 Mar 2014 |
| £124,995 | 27 Oct 2006 |
| 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 October 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £140,000 results in an estimated price of approximately £173,800.
| 9 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £140,000 | £33,800 | £173,800 |
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 | 29.793 % | £41,710 | £181,710 |
| 3 Month Average | 13.145 % | £18,402 | £158,402 |
| 6 Month Average | 10.657 % | £14,920 | £154,920 |
| 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 |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reams Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pettit Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Taylor Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Meridian Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladds Close |