£147,173
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Nov 2019 |
| £55,500 | 16 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £120,000 results in an estimated price of approximately £147,173.
| 1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £120,000 | £27,173 | £147,173 |
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 | 3.231 % | £3,877 | £123,877 |
| 3 Month Average | 15.205 % | £18,246 | £138,246 |
| 6 Month Average | 11.696 % | £14,034 | £134,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £182,705 | £180,000 | 17 ALDERTON CHASE |
| 15 Sep 2023 | £103,828 | £102,500 | 34 WOODS TERRACE |
| 11 Aug 2023 | £74,149 | £73,500 | 9 SALISBURY STREET |
| 7 Sep 2022 | £148,798 | £150,000 | 7 ALDERTON CHASE |
| 12 Aug 2022 | £77,292 | £77,500 | 35 BEAUFORT STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Aug 2018. Using an estimated price of £147,173 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on VANESSA DRIVE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Vanessa Drive |
| Mar 2024 | Other theft | Under investigation | On or near Vanessa Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vanessa Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vanessa Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vanessa Drive |