£308,231
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 25 Nov 2021 |
| £127,000 | 27 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £285,000 results in an estimated price of approximately £308,231.
| 25 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £285,000 | £23,231 | £308,231 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | 14.858 % | £42,344 | £327,344 |
| 3 Month Average | -10.114 % | £-28,824 | £256,175 |
| 6 Month Average | -1.303 % | £-3,713 | £281,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £262,473 | £260,000 | 5 COLES AVENUE |
| 17 Jun 2022 | £243,440 | £240,000 | 19 COLES AVENUE |
| 26 Apr 2022 | £360,430 | £350,000 | 6 COLES AVENUE |
| 20 Dec 2021 | £407,123 | £380,000 | 16 STATION ROAD |
| 20 Dec 2021 | £108,745 | £101,500 | 11 ROBINSON AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 21 Sep 2020. Using an estimated price of £308,231 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on STATION ROAD is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallaces Yard |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Mar 2024 | Other crime | Under investigation | On or near Police Station |
| Mar 2024 | Burglary | Under investigation | On or near Waumsley Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bourne Road |