£156,030
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Jan 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 15 Jan 2015 |
| £96,500 | 23 Aug 2004 |
| £46,500 | 9 Mar 2001 |
| £35,795 | 24 Sep 1999 |
| Semi-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 January 2015 the House Price Index for LINCOLNSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £105,000 results in an estimated price of approximately £156,030.
| 15 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £105,000 | £51,030 | £156,030 |
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 | 39.142 % | £41,099 | £146,099 |
| 3 Month Average | 29.108 % | £30,563 | £135,563 |
| 6 Month Average | 38.936 % | £40,883 | £145,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £159,394 | £158,000 | 39 REAMS CLOSE |
| 6 Feb 2023 | £139,906 | £140,000 | 29 REAMS CLOSE |
| 1 Feb 2023 | £114,923 | £115,000 | 12 SMALLEY ROAD |
| 6 Jan 2023 | £149,297 | £150,000 | 50 WING DRIVE |
| 19 Aug 2022 | £249,279 | £249,950 | 53A MERIDIAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Reams Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reams Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Reams Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reams Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reams Close |