£185,951
This estimated value is based upon the latest sale price for the house of £150,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 22 Aug 2019 |
| £126,000 | 10 Mar 2006 |
| £102,000 | 31 Jul 2003 |
| £52,950 | 4 Jun 1999 |
| 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £150,000 results in an estimated price of approximately £185,951.
| 22 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £150,000 | £35,951 | £185,951 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 3.712 % | £5,568 | £155,568 |
| 3 Month Average | 20.500 % | £30,750 | £180,750 |
| 6 Month Average | 16.230 % | £24,344 | £174,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £317,759 | £315,000 | 5 SHACKLETON CLOSE |
| 13 Dec 2023 | £219,753 | £213,000 | 24 CARNOUSTIE CRESCENT |
| 3 Nov 2023 | £282,532 | £275,360 | 2 ARMSTRONG ROAD |
| 24 Oct 2023 | £250,694 | £245,000 | 10 MAGELLAN WAY |
| 11 Feb 2022 | £200,727 | £190,000 | 20 ST ANDREWS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Sep 2018. Using an estimated price of £185,951 means this house is valued at £2,734 per sq meter (£254 per sq foot).
The average size of a house on MALLORY DRIVE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Magellan Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Magellan Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Magellan Way |
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Court | |
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Court |