£207,086
This estimated value is based upon the latest sale price for the house of £170,000 on 2 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 2 Jul 2020 |
| £128,000 | 13 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £170,000 results in an estimated price of approximately £207,086.
| 2 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £170,000 | £37,086 | £207,086 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 10.201 % | £17,341 | £187,341 |
| 3 Month Average | 8.879 % | £15,094 | £185,094 |
| 6 Month Average | 15.887 % | £27,008 | £197,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £158,602 | £155,000 | 5 BRIAR CLOSE |
| 19 Jun 2023 | £188,783 | £185,000 | 7 ALDER ROAD |
| 18 Jul 2022 | £242,429 | £240,000 | 16 ASPEN DRIVE |
| 19 Apr 2022 | £235,495 | £227,000 | 8 HAWTHORN DRIVE |
| 21 Jan 2022 | £190,836 | £180,000 | 14 ALDER ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Mar 2020. Using an estimated price of £207,086 means this house is valued at £3,001 per sq meter (£278 per sq foot).
The average size of a house on ASPEN DRIVE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawthorn Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorn Drive |
| Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Hawthorn Drive |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Larch Way |