£401,545
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 25 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £325,000 results in an estimated price of approximately £401,545.
| 25 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £325,000 | £76,545 | £401,545 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | 13.698 % | £44,517 | £369,517 |
| 3 Month Average | 12.516 % | £40,677 | £365,677 |
| 6 Month Average | 15.018 % | £48,809 | £373,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £128,963 | £125,000 | APARTMENT 7 CHURCHVIEW BEACON PARK DRIVE |
| 8 Dec 2023 | £95,948 | £93,000 | APARTMENT 2 VICTORY HOUSE BEACON PARK DRIVE |
| 20 Nov 2023 | £238,556 | £232,500 | 10 HARROW ROAD |
| 3 Feb 2023 | £198,325 | £197,000 | 11 ST MARYS ROAD |
| 11 Aug 2022 | £236,104 | £235,000 | 18 ST MARYS ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 25 May 2019. Using an estimated price of £401,545 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on BEACON PARK DRIVE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Harrow Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Harrow Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Harrow Road |
| Aug 2024 | Anti-social behaviour | On or near David Drive | |
| Aug 2024 | Anti-social behaviour | On or near David Drive |