£263,101
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Jan 2022 |
| £193,000 | 9 Jun 2020 |
| £132,250 | 5 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £250,000 results in an estimated price of approximately £263,101.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £250,000 | £13,101 | £263,101 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | -5.193 % | £-12,983 | £237,016 |
| 3 Month Average | 15.241 % | £38,102 | £288,102 |
| 6 Month Average | 2.132 % | £5,329 | £255,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £181,589 | £180,000 | 28 MAYFLOWER WAY |
| 6 Jul 2023 | £146,978 | £145,000 | 20 HAWTHORN DRIVE |
| 27 Jun 2023 | £141,717 | £140,000 | 19 MAYFLOWER WAY |
| 3 Apr 2023 | £293,156 | £290,000 | 19 PARKLANDS |
| 31 Mar 2023 | £161,522 | £160,000 | 5 PARKLANDS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Dec 2019. Using an estimated price of £263,102 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on HAWTHORN DRIVE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trenchard Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parklands |
| Apr 2024 | Public order | Under investigation | On or near Parklands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parklands |