£241,804
This estimated value is based upon the latest sale price for the house of £161,500 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £161,500 | 28 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £161,500 results in an estimated price of approximately £241,804.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £161,500 | £80,304 | £241,804 |
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 | 131.347 % | £212,125 | £373,625 |
| 3 Month Average | 41.803 % | £67,511 | £229,011 |
| 6 Month Average | 43.042 % | £69,513 | £231,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £228,381 | £225,000 | 7 EXETER DRIVE |
| 28 Apr 2023 | £272,939 | £270,000 | 49 GRANGE DRIVE |
| 29 Jul 2022 | £240,598 | £239,950 | 22 GRANGE DRIVE |
| 29 Apr 2022 | £254,360 | £247,000 | 51 GRANGE DRIVE |
| 11 Feb 2022 | £277,904 | £265,000 | 21 GRANGE DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Sep 2014. Using an estimated price of £241,805 means this house is valued at £2,628 per sq meter (£244 per sq foot).
The average size of a house on EXETER DRIVE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Exeter Drive |
| Feb 2024 | Public order | Under investigation | On or near Exeter Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Exeter Drive |
| Jan 2024 | Violence and sexual offences | Suspect charged as part of another case | On or near Exeter Drive |