£285,203
This estimated value is based upon the latest sale price for the house of £155,000 on 30 Jun 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Ravendale Drive
More crime details
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Price Paid | Date |
---|---|
£155,000 | 30 Jun 2009 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 841 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 2009 the House Price Index for LINCOLNSHIRE was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £155,000 results in an estimated price of approximately £285,203.
30 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 84.002 % | £155,000 | £130,203 | £285,203 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 8.190 % | £12,694 | £167,694 |
3 Month Average | 42.875 % | £66,456 | £221,456 |
6 Month Average | 53.866 % | £83,492 | £238,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £404,354 | £400,000 | 5 PALMER ROAD |
23 Sep 2022 | £308,509 | £311,000 | 92 LONGDALES ROAD |
1 Jul 2022 | £307,829 | £307,000 | 19 LONGDALES ROAD |
30 Jun 2022 | £532,526 | £525,000 | 7 MARRINER CRESCENT |
30 May 2022 | £237,475 | £233,000 | 5 RAVENDALE DRIVE |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 19 May 2009. Using an estimated price of £285,203 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on LONGDALES PLACE is 107 sq meters (1,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Ravendale Drive | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ravendale Drive |
Feb 2024 | Anti-social behaviour | On or near Ravendale Drive | |
Feb 2024 | Burglary | Under investigation | On or near Ravendale Drive |
Feb 2024 | Anti-social behaviour | On or near Ravendale Drive |