£238,389
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Aug 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 2 Aug 2022 |
£129,375 | 25 Sep 2020 |
Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 2022 the House Price Index for LINCOLNSHIRE was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £240,000 results in an estimated price of approximately £238,389.
2 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.0 | -0.671 % | £240,000 | £-1,610 | £238,389 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -19.614 % | £-47,072 | £192,927 |
3 Month Average | -19.568 % | £-46,962 | £193,037 |
6 Month Average | 0.480 % | £1,153 | £241,153 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £331,267 | £325,000 | 61 OSBORNE WAY |
20 Nov 2023 | £317,577 | £313,500 | 21 OSBORNE WAY |
31 Aug 2023 | £291,774 | £290,000 | 55 OSBORNE WAY |
9 Sep 2022 | £308,923 | £312,680 | 71 OSBORNE WAY |
2 Aug 2022 | £238,389 | £240,000 | 5 RUSSELL DANBY DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Jul 2019. Using an estimated price of £238,389 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on RUSSELL DANBY DRIVE is 69 sq meters (749 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Russell Danby Drive | |
Feb 2024 | Anti-social behaviour | On or near Russell Danby Drive | |
Feb 2024 | Anti-social behaviour | On or near Russell Danby Drive | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Osborne Way |
Feb 2024 | Anti-social behaviour | On or near Elsom Way |