£283,522
This estimated value is based upon the latest sale price for the house of £59,950 on 26 Jun 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,950 | 26 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 June 1998 the House Price Index for LINCOLNSHIRE was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £59,950 results in an estimated price of approximately £283,522.
| 26 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £59,950 | £223,572 | £283,522 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 489.663 % | £293,552 | £353,502 |
| 3 Month Average | 402.997 % | £241,596 | £301,546 |
| 6 Month Average | 408.421 % | £244,848 | £304,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2024 | £135,583 | £133,500 | 26 DRIFT AVENUE |
| 18 Aug 2023 | £244,357 | £239,950 | 15 DRIFT GARDENS |
| 30 Mar 2023 | £284,755 | £280,000 | 15 DRIFT ROAD |
| 21 Mar 2023 | £208,482 | £205,000 | 45 DRIFT AVENUE |
| 20 Mar 2023 | £412,133 | £405,250 | 19 DRIFT AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Jul 2020. Using an estimated price of £283,522 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on DRIFT AVENUE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Drift Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Road |
| Oct 2024 | Drugs | Under investigation | On or near Drift Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drift Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drift Road |