£68,633
This estimated value is based upon the latest sale price for the house of £56,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£56,000 | 12 Aug 2019 |
Freehold |
Floor Area: 78 sq meters or 839 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £56,000 results in an estimated price of approximately £68,633.
12 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.0 | 22.560 % | £56,000 | £12,633 | £68,633 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -11.776 % | £-6,594 | £49,405 |
3 Month Average | 10.476 % | £5,866 | £61,866 |
6 Month Average | 11.428 % | £6,399 | £62,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £158,967 | £158,000 | 1 THURLBY CRESCENT |
11 Apr 2023 | £156,161 | £155,000 | 10 REDBOURNE DRIVE |
5 Apr 2023 | £178,829 | £177,500 | 5 LAUGHTON WAY |
7 Feb 2023 | £119,435 | £120,000 | 35 CATHEDRAL VIEW COURT |
14 Sep 2022 | £177,837 | £180,000 | 16 REDBOURNE DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Jul 2018. Using an estimated price of £68,633 means this house is valued at £879 per sq meter (£81 per sq foot).
The average size of a house on REDBOURNE DRIVE is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Redbourne Drive |
Feb 2024 | Anti-social behaviour | On or near Redbourne Drive | |
Feb 2024 | Anti-social behaviour | On or near Redbourne Drive | |
Feb 2024 | Anti-social behaviour | On or near Redbourne Drive | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbourne Drive |