£381,945
This estimated value is based upon the latest sale price for the house of £282,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £282,000 | 22 Apr 2016 |
| £87,500 | 30 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 April 2016 the House Price Index for LINCOLNSHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £282,000 results in an estimated price of approximately £381,945.
| 22 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £282,000 | £99,945 | £381,945 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 6.714 % | £18,933 | £300,933 |
| 3 Month Average | 64.108 % | £180,784 | £462,784 |
| 6 Month Average | 44.184 % | £124,599 | £406,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2022 | £220,226 | £210,000 | 2 ALBANY ROAD |
| 16 Dec 2021 | £342,841 | £320,000 | HUNTERS LODGE KENWICK PASTURES |
| 12 Nov 2021 | £259,509 | £239,950 | 10 MEADOW CLOSE |
| 11 Oct 2021 | £243,425 | £220,000 | 18 ALBANY ROAD |
| 24 Sep 2021 | £221,984 | £206,000 | 5 SEYMOUR AVENUE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 28 Feb 2013. Using an estimated price of £381,945 means this house is valued at £2,689 per sq meter (£249 per sq foot).
The average size of a house on ALBANY ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kenwick Pastures |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |
| Mar 2024 | Burglary | Under investigation | On or near Mayfield Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Lindsey Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lindsey Way |