£170,949
This estimated value is based upon the latest sale price for the house of £121,500 on 29 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,500 | 29 Oct 2015 |
| £55,000 | 29 May 2001 |
| £46,000 | 23 Jul 1997 |
| £42,000 | 3 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £121,500 results in an estimated price of approximately £170,949.
| 29 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £121,500 | £49,449 | £170,949 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 24.469 % | £29,729 | £151,229 |
| 3 Month Average | 44.889 % | £54,540 | £176,040 |
| 6 Month Average | 20.434 % | £24,827 | £146,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £177,410 | £175,500 | 13 BECKETT AVENUE |
| 28 Oct 2022 | £118,722 | £120,000 | 6 HAWTHORN AVENUE |
| 15 Jun 2022 | £152,150 | £150,000 | 41 HAWTHORN AVENUE |
| 4 Mar 2022 | £227,978 | £220,000 | 6 LABURNUM AVENUE |
| 19 Nov 2021 | £135,189 | £125,000 | 50 LIME TREE AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Mar 2015. Using an estimated price of £170,949 means this house is valued at £1,582 per sq meter (£147 per sq foot).
The average size of a house on LABURNUM AVENUE is 127 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Birch Grove |
| Mar 2024 | Anti-social behaviour | On or near Lime Tree Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Lime Tree Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Tree Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Grove |