£350,594
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£275,000 | 7 Jul 2017 |
£213,995 | 5 Dec 2005 |
Detached |
Freehold |
Floor Area: 158 sq meters or 1,700 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 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £275,000 results in an estimated price of approximately £350,594.
7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £275,000 | £75,594 | £350,594 |
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 | 24.675 % | £67,855 | £342,855 |
3 Month Average | 23.911 % | £65,756 | £340,756 |
6 Month Average | 21.365 % | £58,754 | £333,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £379,113 | £373,500 | 10 BARLEY WAY |
30 Jun 2023 | £141,717 | £140,000 | 6 PARK CRESCENT |
14 Jun 2023 | £197,391 | £195,000 | 20 WHEAT GROVE |
3 Aug 2022 | £159,570 | £160,000 | 22 WHEAT GROVE |
17 Feb 2022 | £277,904 | £265,000 | 2 MAIZE COURT |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 26 Oct 2015. Using an estimated price of £350,594 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on OAT DRIVE is 152 sq meters (1,645 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jan 2024 | Anti-social behaviour | On or near Stephen'S Way | |
Jan 2024 | Anti-social behaviour | On or near Stephen'S Way |