£207,655
This estimated value is based upon the latest sale price for the house of £168,000 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 19 Sep 2019 |
| £75,000 | 22 Feb 2002 |
| £67,950 | 29 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 September 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £168,000 results in an estimated price of approximately £207,655.
| 19 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £168,000 | £39,655 | £207,655 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 31.390 % | £52,735 | £220,735 |
| 3 Month Average | 23.183 % | £38,946 | £206,946 |
| 6 Month Average | 19.798 % | £33,260 | £201,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £317,759 | £315,000 | 5 SHACKLETON CLOSE |
| 6 Nov 2023 | £307,814 | £300,000 | 9 COOK DRIVE |
| 3 Nov 2023 | £282,532 | £275,360 | 2 ARMSTRONG ROAD |
| 24 Oct 2023 | £250,694 | £245,000 | 10 MAGELLAN WAY |
| 21 Jan 2022 | £179,174 | £169,000 | 5 RALEIGH COURT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 8 Dec 2012. Using an estimated price of £207,656 means this house is valued at £4,153 per sq meter (£385 per sq foot).
The average size of a house on RALEIGH COURT is 94 sq meters (1,020 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Magellan Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Magellan Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Henson Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henson Close |
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Court |