£187,794
This estimated value is based upon the latest sale price for the house of £152,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £152,000 | 28 Jun 2019 |
| £119,000 | 9 Apr 2012 |
| £49,950 | 27 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 894 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 June 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £152,000 results in an estimated price of approximately £187,794.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £152,000 | £35,794 | £187,794 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 15.185 % | £23,081 | £175,081 |
| 3 Month Average | 4.608 % | £7,004 | £159,004 |
| 6 Month Average | 12.145 % | £18,460 | £170,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £145,038 | £142,500 | 13 RAILWAY PARK CLOSE |
| 21 Sep 2023 | £197,526 | £195,000 | 23 BOULTHAM PARK ROAD |
| 26 Apr 2023 | £217,340 | £215,000 | 26 GRESLEY DRIVE |
| 14 Apr 2023 | £212,286 | £210,000 | 61 COULSON ROAD |
| 22 Aug 2022 | £180,514 | £181,000 | 3 PEPPERCORN CLOSE |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 23 Jul 2009. Using an estimated price of £187,794 means this house is valued at £2,259 per sq meter (£209 per sq foot).
The average size of a house on GRESLEY DRIVE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gresley Drive | |
| Apr 2024 | Anti-social behaviour | On or near Gresley Drive | |
| Apr 2024 | Anti-social behaviour | On or near Gresley Drive | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Gresley Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Gresley Drive |