£559,036
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Jul 2010. 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 Fern Drive
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Price Paid | Date |
---|---|
£330,000 | 7 Jul 2010 |
£355,000 | 2 Apr 2007 |
£230,000 | 15 Dec 2000 |
Detached |
Freehold |
Floor Area: 243 sq meters or 2,615 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 2010 the House Price Index for LINCOLNSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £330,000 results in an estimated price of approximately £559,036.
7 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.405 % | £330,000 | £229,036 | £559,036 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 151.592 % | £500,253 | £830,253 |
3 Month Average | 53.541 % | £176,684 | £506,684 |
6 Month Average | 56.385 % | £186,070 | £516,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £243,108 | £240,000 | 27 FAIRVIEW WAY |
25 Aug 2023 | £388,398 | £385,000 | 4 FLEUR DRIVE |
24 Aug 2023 | £393,442 | £390,000 | 11 FERN DRIVE |
22 Jul 2022 | £250,675 | £250,000 | 16 FAIRVIEW WAY |
1 Jul 2022 | £368,993 | £368,000 | 146 PINCHBECK ROAD |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 18 Jun 2021. Using an estimated price of £559,037 means this house is valued at £2,300 per sq meter (£213 per sq foot).
There is one other house on the street which we know the size of, this is 1 BECK ROAD it is 279.86
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fern Drive |
Jan 2024 | Other theft | Under investigation | On or near Smithdale Close |
Jan 2024 | Burglary | Under investigation | On or near Smithdale Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near St Helena Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Meadows |