£493,914
This estimated value is based upon the latest sale price for the house of £390,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 15 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2017 the House Price Index for LINCOLNSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £390,000 results in an estimated price of approximately £493,914.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £390,000 | £103,914 | £493,914 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 22.003 % | £85,809 | £475,809 |
| 3 Month Average | 12.119 % | £47,265 | £437,265 |
| 6 Month Average | 12.252 % | £47,783 | £437,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £487,490 | £480,000 | 11 KINGSDOWN DRIVE |
| 8 Sep 2023 | £363,002 | £355,000 | 19 COTTESMORE ROAD |
| 29 Aug 2023 | £399,200 | £392,000 | 34 LANGTON WALK |
| 11 Apr 2023 | £351,576 | £345,000 | 4 TILL PLACE |
| 27 Mar 2023 | £617,309 | £607,000 | 25 STOCKWELL AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 21 Apr 2017. Using an estimated price of £493,914 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on KINGSDOWN DRIVE is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hobbs Gardens |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hobbs Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hobbs Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hobbs Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tatum Close |