£182,185
This estimated value is based upon the latest sale price for the house of £115,852 on 28 Sep 2007. 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 B1203
More crime details
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| Price Paid | Date |
|---|---|
| £115,852 | 28 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2007 the House Price Index for LINCOLNSHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £115,852 results in an estimated price of approximately £182,185.
| 28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £115,852 | £66,333 | £182,185 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 251.573 % | £291,452 | £407,304 |
| 3 Month Average | 46.930 % | £54,369 | £170,221 |
| 6 Month Average | 42.711 % | £49,482 | £165,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £128,963 | £125,000 | 6 WELLESLEY CLOSE |
| 11 Aug 2023 | £211,311 | £207,500 | 6 PLOUGH DRIVE |
| 27 Apr 2023 | £188,526 | £185,000 | 16 LANCASTER DRIVE |
| 3 Nov 2022 | £154,279 | £155,000 | 1 HOE DRIVE |
| 12 Oct 2022 | £219,268 | £220,000 | 4 THE ROW |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Oct 2015. Using an estimated price of £182,185 means this house is valued at £2,760 per sq meter (£256 per sq foot).
The average size of a house on LANCASTER DRIVE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near B1203 |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Street |
| Jul 2024 | Anti-social behaviour | On or near Paddock Close | |
| Jul 2024 | Public order | Under investigation | On or near Orchard Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lime Walk |