£200,161
This estimated value is based upon the latest sale price for the house of £118,500 on 5 Oct 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 5 Oct 2006 |
| £28,000 | 19 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2006 the House Price Index for LINCOLNSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £118,500 results in an estimated price of approximately £200,161.
| 5 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £118,500 | £81,661 | £200,161 |
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 | 43.609 % | £51,676 | £170,176 |
| 3 Month Average | 51.388 % | £60,895 | £179,395 |
| 6 Month Average | 51.087 % | £60,538 | £179,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £126,705 | £125,000 | 90 DE WINT AVENUE |
| 20 Jul 2023 | £184,483 | £182,000 | 13 BOURNE CLOSE |
| 14 Jul 2023 | £187,524 | £185,000 | 103 DE WINT AVENUE |
| 14 Jul 2023 | £146,978 | £145,000 | 38 ROMNEY DRIVE |
| 30 Jun 2023 | £278,372 | £275,000 | 368 NEWARK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 May 2014. Using an estimated price of £200,161 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on DE WINT AVENUE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bourne Close |