£231,590
This estimated value is based upon the latest sale price for the house of £169,500 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,500 | 17 Dec 2015 |
| £145,000 | 21 Sep 2012 |
| £164,995 | 18 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,287 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 December 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £169,500 results in an estimated price of approximately £231,590.
| 17 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £169,500 | £62,090 | £231,590 |
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 | 48.083 % | £81,500 | £251,000 |
| 3 Month Average | 31.956 % | £54,166 | £223,666 |
| 6 Month Average | 33.572 % | £56,904 | £226,404 |
This house has a floor area of 119 sq meters or 1,287 sq feet when measured on 29 Dec 2008.
The average size of a house on BALMORAL DRIVE is 139 sq meters (1,501 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Balmoral Drive |
| Feb 2024 | Anti-social behaviour | On or near Balmoral Drive | |
| Feb 2024 | Anti-social behaviour | On or near Balmoral Drive |