£170,115
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Oct 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 B1518
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| Price Paid | Date |
|---|---|
| £100,000 | 1 Oct 2010 |
| £57,950 | 1 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2010 the House Price Index for LINCOLNSHIRE was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £100,000 results in an estimated price of approximately £170,115.
| 1 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £100,000 | £70,115 | £170,115 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 73.780 % | £73,779 | £173,779 |
| 3 Month Average | 42.307 % | £42,307 | £142,307 |
| 6 Month Average | 41.211 % | £41,211 | £141,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £161,962 | £160,000 | 4 ROBERTSON DRIVE |
| 6 Apr 2023 | £171,850 | £170,000 | 2 LINCOLN ROAD |
| 6 Feb 2023 | £109,926 | £110,000 | 26 JUBILEE GROVE |
| 31 Jan 2023 | £139,344 | £140,000 | 18 SYCAMORE DRIVE |
| 11 Feb 2022 | £136,330 | £130,000 | 52 JUBILEE GROVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 26 Jan 2016. Using an estimated price of £170,115 means this house is valued at £1,772 per sq meter (£164 per sq foot).
The average size of a house on SYCAMORE DRIVE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B1518 |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sycamore Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Drive |