£163,072
This estimated value is based upon the latest sale price for the house of £160,000 on 17 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 17 May 2022 |
| £115,000 | 12 Jan 2016 |
| £122,000 | 30 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £160,000 results in an estimated price of approximately £163,072.
| 17 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £160,000 | £3,072 | £163,072 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 10.493 % | £16,789 | £176,789 |
| 3 Month Average | 6.878 % | £11,004 | £171,004 |
| 6 Month Average | 9.724 % | £15,558 | £175,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £151,839 | £150,000 | 27 SANDRINGHAM DRIVE |
| 14 Apr 2023 | £207,231 | £205,000 | 5 KENILWORTH ROAD |
| 22 Jul 2022 | £172,966 | £172,500 | 12 SANDRINGHAM DRIVE |
| 15 Jul 2022 | £230,621 | £230,000 | 7 KENILWORTH ROAD |
| 17 May 2022 | £163,073 | £160,000 | 23 SANDRINGHAM DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Oct 2015. Using an estimated price of £163,073 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on SANDRINGHAM DRIVE is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sandringham Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scotney Drive |
| Feb 2024 | Drugs | Under investigation | On or near Scotney Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burns Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burns Close |