£173,046
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Sep 2019. 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 Thoresway Drive
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Sep 2019 |
| £109,000 | 30 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,037 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 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £140,000 results in an estimated price of approximately £173,046.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £140,000 | £33,046 | £173,046 |
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 | 1.997 % | £2,796 | £142,796 |
| 3 Month Average | 17.829 % | £24,961 | £164,961 |
| 6 Month Average | 15.907 % | £22,270 | £162,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £121,682 | £119,000 | 21 WELLINGORE ROAD |
| 13 Sep 2023 | £106,344 | £104,000 | 12 ASTERBY CLOSE |
| 20 Apr 2023 | £91,715 | £90,000 | 6 EDLINGTON CLOSE |
| 30 Mar 2023 | £111,868 | £110,000 | 50 SUDBROOKE DRIVE |
| 13 Mar 2023 | £160,175 | £157,500 | 2 ASTERBY CLOSE |
This house has a floor area of 96 sq meters or 1,037 sq feet when measured on 28 Jan 2011. Using an estimated price of £173,047 means this house is valued at £1,795 per sq meter (£166 per sq foot).
The average size of a house on THORESWAY DRIVE is 86 sq meters (933 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Thoresway Drive | |
| Jul 2024 | Burglary | Under investigation | On or near Thoresway Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thoresway Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thoresway Drive |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Thoresway Drive |