£189,981
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 23 Sep 2020 |
| £145,000 | 4 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £160,000 results in an estimated price of approximately £189,981.
| 23 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £160,000 | £29,981 | £189,981 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 43.961 % | £70,337 | £230,337 |
| 3 Month Average | 0.859 % | £1,373 | £161,373 |
| 6 Month Average | 3.806 % | £6,089 | £166,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £128,733 | £127,000 | 31 CHAUCER DRIVE |
| 23 Jun 2023 | £177,146 | £175,000 | 59 ADDISON DRIVE |
| 28 Oct 2022 | £176,104 | £178,000 | 199 WRAGBY ROAD |
| 28 Oct 2022 | £143,455 | £145,000 | 19 CHAUCER DRIVE |
| 2 Sep 2022 | £138,879 | £140,000 | 42 CHAUCER DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Jun 2017. Using an estimated price of £189,981 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on CHAUCER DRIVE is 88 sq meters (948 sq feet).