£164,944
This estimated value is based upon the latest sale price for the house of £135,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£135,000 | 20 Dec 2019 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 December 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £135,000 results in an estimated price of approximately £164,944.
20 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.0 | 22.181 % | £135,000 | £29,944 | £164,944 |
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 | -18.584 % | £-25,088 | £109,911 |
3 Month Average | 21.457 % | £28,967 | £163,967 |
6 Month Average | 12.262 % | £16,553 | £151,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £155,525 | £155,000 | 3 PEREGRINE WAY |
22 Mar 2024 | £210,712 | £210,000 | 5 LYNDON CRESCENT |
6 Jun 2022 | £181,843 | £180,000 | 8 PETREL DRIVE |
12 May 2022 | £153,786 | £151,500 | 44 ALBATROSS WAY |
29 Apr 2022 | £353,846 | £345,000 | 10 FALCON AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 Oct 2019. Using an estimated price of £164,945 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on ALBATROSS WAY is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albatross Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Way |
Apr 2024 | Public order | Under investigation | On or near Harrier Road |