£270,101
This estimated value is based upon the latest sale price for the house of £178,000 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 12 Jun 2014 |
| £77,000 | 2 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2014 the House Price Index for LINCOLNSHIRE was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £178,000 results in an estimated price of approximately £270,101.
| 12 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £178,000 | £92,101 | £270,101 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 56.173 % | £99,988 | £277,988 |
| 3 Month Average | 53.609 % | £95,424 | £273,424 |
| 6 Month Average | 51.065 % | £90,896 | £268,896 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 Aug 2013.
The average size of a house on ELM DRIVE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Canal Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Canal Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canal Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canal Close |