£123,069
This estimated value is based upon the latest sale price for the house of £76,500 on 10 May 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £76,500 | 10 May 2007 |
| £53,995 | 5 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2007 the House Price Index for LINCOLNSHIRE was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £76,500 results in an estimated price of approximately £123,069.
| 10 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £76,500 | £46,569 | £123,069 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 51.853 % | £39,667 | £116,167 |
| 3 Month Average | 21.224 % | £16,236 | £92,736 |
| 6 Month Average | 21.321 % | £16,310 | £92,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £106,929 | £106,000 | 145 LEA ROAD |
| 20 Oct 2023 | £66,511 | £65,000 | 36 DRAKE STREET |
| 12 Oct 2023 | £112,556 | £110,000 | 147 LEA ROAD |
| 5 Aug 2022 | £110,517 | £110,000 | 167 LEA ROAD |
| 14 Jul 2022 | £105,053 | £104,000 | 21 DRAKE STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Sep 2013. Using an estimated price of £123,069 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on DRAKE STREET is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bacon Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bacon Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bacon Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Bacon Street |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Drake Street |