£236,014
This estimated value is based upon the latest sale price for the house of £190,500 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,500 | 1 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2018 the House Price Index for LINCOLNSHIRE was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £190,500 results in an estimated price of approximately £236,014.
| 1 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £190,500 | £45,514 | £236,014 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -22.683 % | £-43,210 | £147,289 |
| 3 Month Average | 36.309 % | £69,167 | £259,667 |
| 6 Month Average | 25.867 % | £49,275 | £239,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £155,525 | £155,000 | 3 PEREGRINE WAY |
| 17 Mar 2023 | £160,870 | £160,000 | 9 PETREL DRIVE |
| 17 Aug 2022 | £228,456 | £230,000 | 10 PETREL DRIVE |
| 6 Jun 2022 | £181,843 | £180,000 | 8 PETREL DRIVE |
| 12 May 2022 | £153,786 | £151,500 | 44 ALBATROSS WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 25 Apr 2018. Using an estimated price of £236,014 means this house is valued at £2,165 per sq meter (£201 per sq foot).
The average size of a house on PETREL DRIVE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Harrier Road |