£178,525
This estimated value is based upon the latest sale price for the house of £143,000 on 19 Jul 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 19 Jul 2018 |
| £89,995 | 2 Dec 2003 |
| £52,995 | 20 Apr 2001 |
| £34,500 | 11 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2018 the House Price Index for LINCOLNSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £143,000 results in an estimated price of approximately £178,525.
| 19 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £143,000 | £35,525 | £178,525 |
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 | 6.401 % | £9,153 | £152,153 |
| 3 Month Average | 15.648 % | £22,376 | £165,376 |
| 6 Month Average | 19.991 % | £28,586 | £171,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £137,480 | £135,000 | 33 NEWCOMB COURT SCOTGATE |
| 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 |
| 8 Aug 2022 | £321,503 | £320,000 | 8 ORCHARD ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 24 Sep 2009. Using an estimated price of £178,525 means this house is valued at £3,303 per sq meter (£306 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 | Bicycle theft | Under investigation | On or near Radcliffe Close |
| Sep 2024 | Bicycle theft | Under investigation | On or near Radcliffe Close |
| Sep 2024 | Anti-social behaviour | On or near Redcot Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Redcot Gardens | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Radcliffe Road |