£141,637
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Reedman Close
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Nov 2021 |
| £95,000 | 26 Oct 2018 |
| £30,000 | 26 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £130,000 results in an estimated price of approximately £141,637.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £130,000 | £11,637 | £141,637 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | 17.793 % | £23,131 | £153,131 |
| 3 Month Average | 7.085 % | £9,210 | £139,210 |
| 6 Month Average | 4.008 % | £5,209 | £135,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £462,746 | £451,000 | 35 THE RIDES |
| 13 Sep 2022 | £529,646 | £530,000 | 41 THE RIDES |
| 22 Apr 2022 | £544,647 | £525,000 | 5 THE RIDES |
| 11 Mar 2022 | £1,566 | £1,500 | 58 WEST END |
| 26 Nov 2021 | £141,638 | £130,000 | 6A WEST END |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Reedman Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Reedman Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Rides |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deer Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stowe Road |