£98,538
This estimated value is based upon the latest sale price for the house of £84,000 on 16 Oct 2020. 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 The Drive
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| Price Paid | Date |
|---|---|
| £84,000 | 16 Oct 2020 |
| £77,000 | 4 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £84,000 results in an estimated price of approximately £98,538.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £84,000 | £14,538 | £98,538 |
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 | -11.533 % | £-9,687 | £74,312 |
| 3 Month Average | 9.959 % | £8,365 | £92,365 |
| 6 Month Average | 5.752 % | £4,831 | £88,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £64,835 | £64,050 | 14 THURLBY ROAD |
| 16 Jun 2023 | £151,839 | £150,000 | 5 DORTON AVENUE |
| 12 Jun 2023 | £172,084 | £170,000 | 1 CLAYTHORNE DRIVE |
| 10 Oct 2022 | £183,029 | £185,000 | 19 DORTON AVENUE |
| 25 Apr 2022 | £97,831 | £95,000 | 57 MIDDLEFIELD LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Feb 2020. Using an estimated price of £98,539 means this house is valued at £1,059 per sq meter (£98 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near The Drive |
| Apr 2024 | Anti-social behaviour | On or near The Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near The Drive |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Drive |