£144,029
This estimated value is based upon the latest sale price for the house of £92,796 on 20 Dec 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,796 | 20 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 799 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 2007 the House Price Index for LINCOLNSHIRE was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £92,796 results in an estimated price of approximately £144,029.
| 20 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £92,796 | £51,233 | £144,029 |
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 | 1.197 % | £1,110 | £93,906 |
| 3 Month Average | 27.949 % | £25,935 | £118,731 |
| 6 Month Average | 19.468 % | £18,065 | £110,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £110,971 | £110,000 | 5 FOSSEWAY |
| 27 Mar 2023 | £125,179 | £124,000 | 9 FOSSEWAY |
| 18 Jan 2023 | £236,884 | £238,000 | 9 BIRCHWOOD VIEW |
| 17 Aug 2022 | £87,265 | £87,500 | 11 FOSSEWAY |
| 29 Apr 2022 | £149,321 | £145,000 | 8 BIRCHWOOD VIEW |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 20 Nov 2008. Using an estimated price of £144,030 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on FALCON GROVE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kestrel Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorn Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Drive |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Turpin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maple Court |