£256,802
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 December 2013 the House Price Index for LINCOLNSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £160,000 results in an estimated price of approximately £256,802.
| 19 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £160,000 | £96,802 | £256,802 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 35.244 % | £56,389 | £216,389 |
| 3 Month Average | 52.529 % | £84,046 | £244,046 |
| 6 Month Average | 48.752 % | £78,003 | £238,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £181,712 | £180,000 | 1 WASDALE CLOSE |
| 2 Feb 2023 | £339,771 | £340,000 | 40 SANDWELL DRIVE |
| 18 Feb 2022 | £262,174 | £250,000 | 23 SANDWELL DRIVE |
| 19 Nov 2021 | £216,303 | £200,000 | 7 WOODFIELD AVENUE |
| 3 Sep 2021 | £237,070 | £220,000 | 1A WOODFIELD AVENUE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 5 Sep 2016. Using an estimated price of £256,803 means this house is valued at £1,556 per sq meter (£144 per sq foot).
The average size of a house on SANDWELL DRIVE is 133 sq meters (1,434 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malham Close |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Jan 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Sunfield Crescent |