£102,796
This estimated value is based upon the latest sale price for the house of £21,000 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £21,000 | 12 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 1997 the House Price Index for LINCOLNSHIRE was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £21,000 results in an estimated price of approximately £102,796.
| 12 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £21,000 | £81,796 | £102,796 |
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 | 318.454 % | £66,875 | £87,875 |
| 3 Month Average | 325.814 % | £68,420 | £89,420 |
| 6 Month Average | 334.125 % | £70,166 | £91,166 |
| 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 86 sq meters or 925 sq feet when measured on 17 Apr 2013. Using an estimated price of £102,797 means this house is valued at £1,195 per sq meter (£111 per sq foot).
The average size of a house on GRESLEY DRIVE is 80 sq meters (862 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Peppercorn Close |
| Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near Coulson Road |
| Feb 2024 | Anti-social behaviour | On or near Coulson Road | |
| Feb 2024 | Anti-social behaviour | On or near Coulson Road | |
| Feb 2024 | Drugs | Under investigation | On or near Coulson Road |