£194,231
This estimated value is based upon the latest sale price for the house of £189,950 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £189,950 | 18 Sep 2023 |
| £137,500 | 21 Aug 2014 |
| £128,000 | 30 May 2006 |
| £86,500 | 17 Apr 2003 |
| £58,000 | 27 Mar 2001 |
| £48,000 | 10 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £189,950 results in an estimated price of approximately £194,231.
| 18 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £189,950 | £4,281 | £194,231 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -20.553 % | £-39,041 | £150,908 |
| 3 Month Average | 5.122 % | £9,728 | £199,678 |
| 6 Month Average | 5.918 % | £11,242 | £201,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £141,226 | £140,000 | 32 WATTS LANE |
| 9 Nov 2023 | £128,256 | £125,000 | 8 WATTS LANE |
| 18 Sep 2023 | £194,232 | £189,950 | 3 ALEXANDER DRIVE |
| 30 Jun 2023 | £248,990 | £244,000 | 3A STEWTON LANE |
| 20 Jun 2023 | £153,067 | £150,000 | 32 ALEXANDER DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 Jan 2014. Using an estimated price of £194,232 means this house is valued at £3,596 per sq meter (£334 per sq foot).
The average size of a house on ALEXANDER DRIVE is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watts Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Queens Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pippin Close |