£126,200
This estimated value is based upon the latest sale price for the house of £100,000 on 12 Oct 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 12 Oct 2017 |
| £29,040 | 19 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2017 the House Price Index for LINCOLNSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £100,000 results in an estimated price of approximately £126,200.
| 12 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £100,000 | £26,200 | £126,200 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 10.009 % | £10,009 | £110,009 |
| 3 Month Average | 16.187 % | £16,186 | £116,186 |
| 6 Month Average | 25.725 % | £25,725 | £125,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £146,878 | £145,000 | 6 EAST AVENUE |
| 4 Sep 2023 | £131,684 | £130,000 | 4 EAST AVENUE |
| 27 Jan 2023 | £159,250 | £160,000 | 40 HILLINGFORD WAY |
| 10 Jan 2023 | £72,160 | £72,500 | 3 HILL VIEW CLOSE |
| 25 Nov 2022 | £187,726 | £190,000 | 92 EAST AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 Jul 2018. Using an estimated price of £126,200 means this house is valued at £1,638 per sq meter (£152 per sq foot).
The average size of a house on EAST AVENUE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near East Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near East Avenue |
| Mar 2024 | Anti-social behaviour | On or near Marlstone Place | |
| Mar 2024 | Drugs | Under investigation | On or near Marlstone Place |
| Mar 2024 | Anti-social behaviour | On or near Marlstone Place |