£97,541
This estimated value is based upon the latest sale price for the house of £95,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 May 2022 |
| £112,596 | 28 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 May 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £95,000 results in an estimated price of approximately £97,541.
| 31 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £95,000 | £2,541 | £97,541 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 40.423 % | £38,402 | £133,402 |
| 3 Month Average | 10.244 % | £9,731 | £104,731 |
| 6 Month Average | 5.021 % | £4,769 | £99,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £172,376 | £168,000 | 32 RIVERSIDE DRIVE |
| 27 Oct 2023 | £184,183 | £180,000 | 2 NORTHUMBERLAND CLOSE |
| 28 Sep 2023 | £460,143 | £450,000 | 1 ST PETERS COURT |
| 20 Jun 2023 | £130,618 | £128,000 | 149 RIVERSIDE DRIVE |
| 31 Mar 2023 | £284,750 | £279,995 | 15 LILY CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 17 Sep 2019. Using an estimated price of £97,541 means this house is valued at £1,653 per sq meter (£153 per sq foot).
The average size of a house on RIVERSIDE DRIVE is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Riverside Drive |
| May 2024 | Anti-social behaviour | On or near Riverside Drive | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverside Drive |
| May 2024 | Anti-social behaviour | On or near Riverside Drive | |
| May 2024 | Anti-social behaviour | On or near Riverside Drive |