£239,298
This estimated value is based upon the latest sale price for the house of £143,000 on 5 Jul 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 5 Jul 2013 |
| £155,000 | 15 Aug 2008 |
| £114,000 | 12 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2013 the House Price Index for LINCOLNSHIRE was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £143,000 results in an estimated price of approximately £239,298.
| 5 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £143,000 | £96,298 | £239,298 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 62.681 % | £89,633 | £232,633 |
| 3 Month Average | 70.788 % | £101,226 | £244,226 |
| 6 Month Average | 64.928 % | £92,846 | £235,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £252,190 | £250,000 | 45 DRIFT ROAD |
| 16 Mar 2024 | £135,583 | £133,500 | 26 DRIFT AVENUE |
| 30 Mar 2023 | £284,755 | £280,000 | 15 DRIFT ROAD |
| 21 Mar 2023 | £208,482 | £205,000 | 45 DRIFT AVENUE |
| 20 Mar 2023 | £412,133 | £405,250 | 19 DRIFT AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Oct 2013. Using an estimated price of £239,299 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on DRIFT ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Drift Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Drift Road |
| Jul 2024 | Other theft | Under investigation | On or near Drift Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drift Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Drift Avenue |