£128,967
This estimated value is based upon the latest sale price for the house of £99,500 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £99,500 | 24 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2017 the House Price Index for LINCOLNSHIRE was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £99,500 results in an estimated price of approximately £128,967.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £99,500 | £29,467 | £128,967 |
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 | 138.543 % | £137,850 | £237,350 |
| 3 Month Average | 25.687 % | £25,558 | £125,058 |
| 6 Month Average | 15.921 % | £15,840 | £115,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £141,236 | £140,000 | 91 CHAUCER DRIVE |
| 21 Jul 2023 | £154,074 | £152,000 | 16 SWIFT GARDENS |
| 20 Jul 2022 | £127,343 | £127,000 | 2 SCOTT GARDENS |
| 12 May 2022 | £167,634 | £164,475 | 263 WRAGBY ROAD |
| 3 Feb 2022 | £157,304 | £150,000 | 20 SCOTT GARDENS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Oct 2016. Using an estimated price of £128,968 means this house is valued at £1,572 per sq meter (£146 per sq foot).
The average size of a house on CHAUCER DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Outer Circle Green |
| Mar 2024 | Anti-social behaviour | On or near Outer Circle Green | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outer Circle Green |
| Feb 2024 | Public order | Under investigation | On or near Outer Circle Green |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Outer Circle Green |