£429,080
This estimated value is based upon the latest sale price for the house of £340,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 13 Oct 2017 |
| £199,950 | 12 Jul 2002 |
| £148,995 | 1 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,530 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 October 2017 the House Price Index for LINCOLNSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £340,000 results in an estimated price of approximately £429,080.
| 13 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £340,000 | £89,080 | £429,080 |
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 | 4.716 % | £16,035 | £356,035 |
| 3 Month Average | 14.539 % | £49,432 | £389,432 |
| 6 Month Average | 18.534 % | £63,015 | £403,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £91,352 | £90,000 | 52 LONG STREET |
| 2 Nov 2023 | £532,889 | £525,000 | 5 GOODMAN CLOSE |
| 15 Sep 2023 | £157,007 | £155,000 | 64 LONG STREET |
| 25 Aug 2023 | £441,361 | £437,500 | 2 LORD DRIVE |
| 4 Aug 2023 | £181,589 | £180,000 | 16 WOFFINDIN CLOSE |
This house has a floor area of 142 sq meters or 1,530 sq feet when measured on 13 Oct 2009. Using an estimated price of £429,080 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on LORD DRIVE is 151 sq meters (1,627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Easthorpe Road |
| Mar 2024 | Anti-social behaviour | On or near Manor Drive | |
| Mar 2024 | Anti-social behaviour | On or near Manor Drive | |
| Feb 2024 | Anti-social behaviour | On or near Manor Drive | |
| Feb 2024 | Anti-social behaviour | On or near Manor Drive |