£389,416
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 24 Feb 2012 |
| £294,950 | 28 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,249 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 February 2012 the House Price Index for LINCOLNSHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £230,000 results in an estimated price of approximately £389,416.
| 24 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £230,000 | £159,416 | £389,416 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 43.300 % | £99,590 | £329,590 |
| 3 Month Average | 61.400 % | £141,218 | £371,218 |
| 6 Month Average | 65.961 % | £151,710 | £381,710 |
This house has a floor area of 116 sq meters or 1,249 sq feet when measured on 17 Oct 2011.
The average size of a house on THE RIDINGS is 119 sq meters (1,290 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Chepstow Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chepstow Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chepstow Drive |