£395,157
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Sep 2018. 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 |
|---|---|
| £320,000 | 10 Sep 2018 |
| £245,000 | 31 Jan 2006 |
| £168,500 | 31 Aug 2001 |
| £78,500 | 31 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 September 2018 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £320,000 results in an estimated price of approximately £395,157.
| 10 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £320,000 | £75,157 | £395,157 |
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 | 81.705 % | £261,455 | £581,455 |
| 3 Month Average | 20.470 % | £65,503 | £385,503 |
| 6 Month Average | 23.685 % | £75,791 | £395,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £408,549 | £402,500 | 4 ROSE LEIGH WAY |
| 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 |
| 30 Jun 2023 | £420,089 | £415,000 | 4 FLINDERS WALK |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 10 Jun 2014. Using an estimated price of £395,157 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on FLEUR DRIVE is 237 sq meters (2,556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fern Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spalding Road |
| Mar 2024 | Drugs | Under investigation | On or near Spalding Road |
| Mar 2024 | Anti-social behaviour | On or near Spalding Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Spalding Road |