£222,247
This estimated value is based upon the latest sale price for the house of £119,995 on 22 Jul 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,995 | 22 Jul 2005 |
| £116,950 | 13 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2005 the House Price Index for LINCOLNSHIRE was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £119,995 results in an estimated price of approximately £222,247.
| 22 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £119,995 | £102,252 | £222,247 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 63.389 % | £76,063 | £196,058 |
| 3 Month Average | 56.011 % | £67,210 | £187,205 |
| 6 Month Average | 58.923 % | £70,704 | £190,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £190,000 | £190,000 | 3 AMBLESIDE DRIVE |
| 24 Nov 2023 | £194,943 | £189,995 | 26 BURTON ROAD |
| 11 Oct 2023 | £199,532 | £195,000 | 34 FRANKLIN DRIVE |
| 24 Aug 2023 | £178,214 | £175,000 | 1 BURTON ROAD |
| 5 Jan 2023 | £195,472 | £194,950 | 4 BURTON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Jul 2014. Using an estimated price of £222,247 means this house is valued at £3,003 per sq meter (£279 per sq foot).
The average size of a house on FRANKLIN DRIVE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hillary Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Henson Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henson Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Livingstone Drive |
| Oct 2024 | Anti-social behaviour | On or near Hawthorn Bank |