£293,895
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 27 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £245,000 results in an estimated price of approximately £293,895.
| 27 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £245,000 | £48,895 | £293,895 |
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 | -29.341 % | £-71,885 | £173,114 |
| 3 Month Average | 49.005 % | £120,063 | £365,063 |
| 6 Month Average | 18.469 % | £45,248 | £290,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £210,712 | £210,000 | 5 LYNDON CRESCENT |
| 14 Apr 2022 | £169,231 | £165,000 | 9 PEREGRINE WAY |
| 23 Feb 2022 | £225,603 | £216,000 | 11 ALBATROSS WAY |
| 18 Nov 2021 | £226,201 | £210,000 | 1 LYNDON WAY |
| 3 Sep 2021 | £332,705 | £310,000 | 10 GUILLEMOT DRIVE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 13 Nov 2019. Using an estimated price of £293,896 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on GUILLEMOT DRIVE is 138 sq meters (1,490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
| Apr 2024 | Public order | Under investigation | On or near Harrier Road |