£225,874
This estimated value is based upon the latest sale price for the house of £191,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £191,000 | 14 Sep 2020 |
| £148,000 | 12 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £191,000 results in an estimated price of approximately £225,874.
| 14 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £191,000 | £34,874 | £225,874 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 109.930 % | £209,966 | £400,966 |
| 3 Month Average | 3.619 % | £6,912 | £197,912 |
| 6 Month Average | 8.309 % | £15,871 | £206,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £210,712 | £210,000 | 8 WAVERLEY AVENUE |
| 20 Dec 2023 | £351,653 | £345,000 | 13 WAVERLEY AVENUE |
| 14 Dec 2023 | £265,014 | £260,000 | 25 NEWARK ROAD |
| 11 Dec 2023 | £224,242 | £220,000 | 89 WETHERBY CRESCENT |
| 14 Aug 2023 | £233,923 | £232,500 | 31 NEWARK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Oct 2012. Using an estimated price of £225,874 means this house is valued at £2,895 per sq meter (£269 per sq foot).
The average size of a house on WAVERLEY AVENUE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wetherby Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wickenby Close |
| Apr 2024 | Public order | Under investigation | On or near Wickenby Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wickenby Close |
| Mar 2024 | Anti-social behaviour | On or near Wickenby Close |