£147,539
This estimated value is based upon the latest sale price for the house of £102,500 on 30 Jul 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £102,500 | 30 Jul 2015 |
| £109,500 | 30 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 671 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 2015 the House Price Index for LINCOLNSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £102,500 results in an estimated price of approximately £147,539.
| 30 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £102,500 | £45,039 | £147,539 |
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 | 23.195 % | £23,774 | £126,274 |
| 3 Month Average | 18.438 % | £18,899 | £121,399 |
| 6 Month Average | 28.696 % | £29,413 | £131,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £121,918 | £122,000 | FLAT 8 37 RECTORY ROAD |
| 27 Jan 2023 | £136,855 | £137,500 | 37 THE FEATHERWORKS |
| 30 Jun 2022 | £138,964 | £137,000 | 40 THE FEATHERWORKS |
| 3 Feb 2022 | £110,113 | £105,000 | FLAT 3 37 RECTORY ROAD |
| 8 Oct 2021 | £134,990 | £122,000 | 27 THE FEATHERWORKS |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 21 Jan 2011. Using an estimated price of £147,539 means this house is valued at £2,365 per sq meter (£219 per sq foot).
The average size of a house on RECTORY ROAD is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Featherworks |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Featherworks |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Featherworks |
| Mar 2024 | Possession of weapons | Under investigation | On or near Rectory Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Road |