£167,342
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 17 Aug 2021 |
£124,500 | 23 Jan 2014 |
£119,000 | 15 Jan 2009 |
£119,950 | 31 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 863 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £150,000 results in an estimated price of approximately £167,342.
17 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £150,000 | £17,342 | £167,342 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | 53.619 % | £80,428 | £230,428 |
3 Month Average | 12.885 % | £19,327 | £169,327 |
6 Month Average | 0.713 % | £1,069 | £151,069 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £155,216 | £152,500 | 29 LADY JANE FRANKLIN DRIVE |
24 Nov 2023 | £175,041 | £172,450 | 28 LADY JANE FRANKLIN DRIVE |
21 Apr 2023 | £187,014 | £185,000 | 81 LADY JANE FRANKLIN DRIVE |
22 Aug 2022 | £59,839 | £60,000 | 10 NEWTOWN |
1 Jul 2022 | £170,459 | £170,000 | 77 LADY JANE FRANKLIN DRIVE |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 2 Jun 2011. Using an estimated price of £167,342 means this house is valued at £2,086 per sq meter (£193 per sq foot).
The average size of a house on LADY JANE FRANKLIN DRIVE is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lady Jane Franklin Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newtown |
Feb 2024 | Anti-social behaviour | On or near Flinders Dale | |
Feb 2024 | Anti-social behaviour | On or near Flinders Dale | |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Magellan Drive |