£186,579
This estimated value is based upon the latest sale price for the house of £148,000 on 23 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Ravendale Road
More crime details
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| Price Paid | Date |
|---|---|
| £148,000 | 23 Nov 2017 |
| £135,000 | 4 May 2010 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £148,000 results in an estimated price of approximately £186,579.
| 23 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £148,000 | £38,579 | £186,579 |
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 | -11.115 % | £-16,450 | £131,549 |
| 3 Month Average | 25.097 % | £37,144 | £185,144 |
| 6 Month Average | 7.453 % | £11,031 | £159,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £147,582 | £145,000 | 28 RAVENDALE ROAD |
| 3 Nov 2023 | £223,306 | £220,000 | 34 RAVENDALE ROAD |
| 9 Sep 2022 | £220,718 | £222,500 | 16 LISSINGTON ROAD |
| 22 Jul 2022 | £210,567 | £210,000 | 1 LUDFORD CRESCENT |
| 20 May 2022 | £173,265 | £170,000 | 2 LISSINGTON ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Oct 2016. Using an estimated price of £186,579 means this house is valued at £2,303 per sq meter (£213 per sq foot).
The average size of a house on RAVENDALE ROAD is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ravendale Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravendale Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Ravendale Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ludford Crescent |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Middlefield Lane |