£1,087,034
This estimated value is based upon the latest sale price for the house of £640,000 on 4 May 2012. 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 Stephenson Close
More crime details
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| Price Paid | Date |
|---|---|
| £640,000 | 4 May 2012 |
| 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 May 2012 the House Price Index for LINCOLNSHIRE was 87.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.849%.Applying this 69.849% change to the original purchase price of £640,000 results in an estimated price of approximately £1,087,034.
| 4 May 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.0 | 69.849 % | £640,000 | £447,034 | £1,087,034 |
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 | 8.599 % | £55,030 | £695,030 |
| 3 Month Average | 22.232 % | £142,282 | £782,282 |
| 6 Month Average | 39.567 % | £253,228 | £893,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2022 | £266,667 | £260,000 | 39 SIR ISAAC NEWTON DRIVE |
| 21 Feb 2022 | £239,181 | £229,000 | 22 STEPHENSON CLOSE |
| 6 Jan 2022 | £117,918 | £112,500 | 3 BELL COURT |
| 29 Sep 2021 | £257,578 | £240,000 | 48 SIR ISAAC NEWTON DRIVE |
| 15 Oct 2020 | £268,720 | £230,000 | 27 SIR ISAAC NEWTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stephenson Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stephenson Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stephenson Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stephenson Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bell Court |