2 RICHARDSON CLOSE

£1,248,428

Full Address

2 RICHARDSON CLOSE
BOURNE
LINCOLNSHIRE
UNITED KINGDOM
PE10 9YN

Estimated Market Value

£1,248,428

This estimated value is based upon the latest sale price for the house of £340,000 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1

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Transactions for this house
Price PaidDate
£340,0007 Jul 2000
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 2000 the House Price Index for LINCOLNSHIRE was 40.0.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 267.185%.

Applying this 267.185% change to the original purchase price of £340,000 results in an estimated price of approximately £1,248,428.

7 Jul 2000 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
40.0 146.7 267.185 % £340,000 £908,428 £1,248,428

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 153.648 % £522,402 £862,402
3 Month Average 192.077 % £653,061 £993,061
6 Month Average 229.135 % £779,059 £1,119,059
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Criminal damage and arson Investigation complete; no suspect identified On or near Richardson Close
Dec 2023 Criminal damage and arson Investigation complete; no suspect identified On or near Richardson Close
Mar 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Queen'S Road
Feb 2024 Other theft Investigation complete; no suspect identified On or near Charles Close
Dec 2023 Public order Under investigation On or near Stephenson Way

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Companies Near Here
EMMERSON ELLIOT CONSULTANCY LTD
Orchard House 2 Richardson Close Bourne England PE10 9YN
OMNES DEVELOPMENT LIMITED
1a Mill Drove Bourne England PE10 9BX
M.J.O. MARKETING LTD
9 Mill Drove Bourne England PE10 9BX
CAPPER INVESTMENTS LIMITED
8a Mill Drove Bourne England PE10 9BX
D.P. EDUCATION LIMITED
21 Mill Drove Bourne Lincolnshire England PE10 9BX

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People Near Here
Mr Richard Emmerson Elliot
Orchard House 2 Richardson Close, PE10 9YN
MRS HELEN JULIQA ELLIOT ACCOUNTANT
ORCHARD HOUSE 2 RICHARDSON CLOSE, PE10 9YN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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