£235,978
This estimated value is based upon the latest sale price for the house of £191,500 on 7 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £191,500 | 7 Nov 2018 |
| £43,750 | 17 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £191,500 results in an estimated price of approximately £235,978.
| 7 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £191,500 | £44,478 | £235,978 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 31.068 % | £59,495 | £250,995 |
| 3 Month Average | 13.691 % | £26,217 | £217,717 |
| 6 Month Average | 30.667 % | £58,727 | £250,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £223,001 | £220,000 | 61 ESSEX ROAD |
| 15 Jun 2023 | £263,188 | £260,000 | 3 REDCOT GARDENS |
| 9 Jun 2023 | £242,943 | £240,000 | 42 REDCOT GARDENS |
| 30 Mar 2023 | £232,188 | £230,000 | 26 REDCOT GARDENS |
| 21 Feb 2023 | £234,842 | £235,000 | 6 CORNWALL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Aug 2018. Using an estimated price of £235,979 means this house is valued at £2,712 per sq meter (£251 per sq foot).
The average size of a house on REDCOT GARDENS is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near York Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near York Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sargent'S Court |