£221,739
This estimated value is based upon the latest sale price for the house of £139,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £139,000 | 28 Feb 2014 |
| £139,995 | 2 Jul 2010 |
| £57,500 | 27 Feb 1998 |
| Semi-Detached |
| Freehold |
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 February 2014 the House Price Index for LINCOLNSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £139,000 results in an estimated price of approximately £221,739.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £139,000 | £82,739 | £221,739 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 71.894 % | £99,933 | £238,933 |
| 3 Month Average | 64.274 % | £89,340 | £228,340 |
| 6 Month Average | 56.440 % | £78,451 | £217,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2022 | £199,866 | £200,000 | 54 NORWICH DRIVE |
| 26 Aug 2022 | £329,541 | £328,000 | 8 ROCHESTER CLOSE |
| 26 May 2022 | £266,955 | £260,000 | 11 ELY CLOSE |
| 4 Mar 2022 | £217,138 | £208,000 | 64 NORWICH DRIVE |
| 5 Nov 2021 | £272,380 | £250,000 | 14 ROCHESTER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rochester Close |
| Aug 2024 | Other theft | Under investigation | On or near Durham Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Medland Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bath Road |
| Jul 2024 | Anti-social behaviour | On or near Goddard Way |