£196,113
This estimated value is based upon the latest sale price for the house of £156,000 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £156,000 | 20 Dec 2017 |
| £103,000 | 8 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 December 2017 the House Price Index for LINCOLNSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £156,000 results in an estimated price of approximately £196,113.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £156,000 | £40,113 | £196,113 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 18.447 % | £28,777 | £184,777 |
| 3 Month Average | 6.936 % | £10,820 | £166,820 |
| 6 Month Average | 15.460 % | £24,117 | £180,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £239,185 | £235,000 | 7 FERNLEIGH WAY |
| 7 Jul 2023 | £202,678 | £199,950 | 33 MARGARET DRIVE |
| 30 Jun 2023 | £202,402 | £199,950 | 103 MARGARET DRIVE |
| 9 Jan 2023 | £218,969 | £220,000 | 37 ASHLAWN DRIVE |
| 30 May 2022 | £203,790 | £199,950 | 13 MARGARET DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Sep 2011. Using an estimated price of £196,114 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on MARGARET DRIVE is 92 sq meters (996 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |