£170,069
This estimated value is based upon the latest sale price for the house of £110,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 23 May 2014 |
| £127,950 | 14 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2014 the House Price Index for LINCOLNSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £110,000 results in an estimated price of approximately £170,069.
| 23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £110,000 | £60,069 | £170,069 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 4.593 % | £5,052 | £115,052 |
| 3 Month Average | 13.894 % | £15,283 | £125,283 |
| 6 Month Average | 24.553 % | £27,007 | £137,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £135,736 | £134,000 | 23 HERON DRIVE |
| 2 Aug 2023 | £36,318 | £36,000 | 9 PEACOCK PLACE |
| 26 Jul 2023 | £204,756 | £202,000 | 15 SWAN COURT |
| 29 Jun 2023 | £237,881 | £235,000 | 20 HERON DRIVE |
| 16 Jun 2022 | £253,584 | £250,000 | 5 KESTREL AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 14 May 2013. Using an estimated price of £170,070 means this house is valued at £1,771 per sq meter (£164 per sq foot).
The average size of a house on HERON DRIVE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kestrel Avenue |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Turpin Close |
| Dec 2023 | Robbery | Under investigation | On or near Dove Close |