£453,514
This estimated value is based upon the latest sale price for the house of £365,000 on 23 Jul 2019. 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 Lord Drive
More crime details
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Price Paid | Date |
---|---|
£365,000 | 23 Jul 2019 |
£144,000 | 20 Oct 2000 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 2019 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £365,000 results in an estimated price of approximately £453,514.
23 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £365,000 | £88,514 | £453,514 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 53.140 % | £193,962 | £558,962 |
3 Month Average | 32.763 % | £119,583 | £484,583 |
6 Month Average | 19.039 % | £69,494 | £434,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £92,344 | £90,000 | 52 LONG STREET |
2 Nov 2023 | £538,674 | £525,000 | 5 GOODMAN CLOSE |
15 Sep 2023 | £158,494 | £155,000 | 64 LONG STREET |
25 Aug 2023 | £445,536 | £437,500 | 2 LORD DRIVE |
4 Aug 2023 | £183,306 | £180,000 | 16 WOFFINDIN CLOSE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 4 Apr 2019. Using an estimated price of £453,514 means this house is valued at £3,216 per sq meter (£298 per sq foot).
The average size of a house on LORD DRIVE is 151 sq meters (1,627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Lord Drive |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Abraham Close |
Sep 2024 | Anti-social behaviour | On or near Holden Way | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Close |
Sep 2024 | Public order | Under investigation | On or near Easthorpe Road |