£420,656
This estimated value is based upon the latest sale price for the house of £320,000 on 12 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Drake Road
More crime details
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| Price Paid | Date |
|---|---|
| £320,000 | 12 Jul 2016 |
| £148,000 | 5 Apr 2002 |
| £88,000 | 9 Jul 1999 |
| £58,000 | 20 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £320,000 results in an estimated price of approximately £420,656.
| 12 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £320,000 | £100,656 | £420,656 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | -15.173 % | £-48,553 | £271,446 |
| 3 Month Average | 5.925 % | £18,960 | £338,960 |
| 6 Month Average | 23.232 % | £74,342 | £394,342 |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 26 Apr 2013.
The average size of a house on DRAKE ROAD is 218 sq meters (2,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Drake Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seacroft Square |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vine Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Drummond Road |
| Jan 2024 | Other theft | Under investigation | On or near Merriemeade Drive |