£270,168
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Jun 2018 |
| £165,000 | 2 Aug 2012 |
| £103,000 | 15 Mar 2002 |
| £98,500 | 1 Dec 2000 |
| £81,500 | 8 May 1998 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,665 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 June 2018 the House Price Index for LINCOLNSHIRE was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £220,000 results in an estimated price of approximately £270,168.
| 28 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £220,000 | £50,168 | £270,168 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | 2.976 % | £6,546 | £226,546 |
| 3 Month Average | 8.454 % | £18,599 | £238,599 |
| 6 Month Average | 12.953 % | £28,497 | £248,497 |
This house has a floor area of 154 sq meters or 1,665 sq feet when measured on 15 Feb 2010.
The average size of a house on DERBY AVENUE is 146 sq meters (1,579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Merriemeade Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merriemeade Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Drummond Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vine Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wilford Grove |