£315,772
This estimated value is based upon the latest sale price for the house of £256,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £256,000 | 2 Feb 2018 |
| £260,000 | 31 Jan 2018 |
| £194,500 | 22 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 2018 the House Price Index for LINCOLNSHIRE was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £256,000 results in an estimated price of approximately £315,772.
| 2 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £256,000 | £59,772 | £315,772 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 45.758 % | £117,139 | £373,139 |
| 3 Month Average | 17.654 % | £45,194 | £301,194 |
| 6 Month Average | 19.973 % | £51,129 | £307,129 |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 2 Jun 2017.
The average size of a house on RYE CLOSE is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oat Drive |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Oat Drive |
| Dec 2023 | Other theft | Further investigation is not in the public interest | On or near Oat Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oat Drive |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |