£513,773
This estimated value is based upon the latest sale price for the house of £175,000 on 22 May 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 22 May 2002 |
| £108,500 | 29 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 May 2002 the House Price Index for LINCOLNSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £175,000 results in an estimated price of approximately £513,773.
| 22 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £175,000 | £338,773 | £513,773 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 138.051 % | £241,589 | £416,589 |
| 3 Month Average | 156.777 % | £274,359 | £449,359 |
| 6 Month Average | 184.865 % | £323,514 | £498,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £193,885 | £190,000 | 17 MITCHELL DRIVE |
| 7 Feb 2023 | £201,345 | £200,000 | 16 OAKLEIGH TERRACE |
| 9 May 2022 | £255,660 | £249,000 | 1 OAKLEIGH TERRACE |
| 3 May 2022 | £436,368 | £425,000 | 131 LONG LEYS ROAD |
| 31 Jan 2022 | £275,652 | £260,000 | 14 MITCHELL DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 10 Jun 2015. Using an estimated price of £513,774 means this house is valued at £4,506 per sq meter (£418 per sq foot).
The average size of a house on OAKLEIGH DRIVE is 149 sq meters (1,613 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Oakleigh Drive | |
| Sep 2024 | Anti-social behaviour | On or near Oakleigh Drive | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleigh Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Granely Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mitchel Drive |