£372,220
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Park View Avenue
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Feb 2015 |
| £139,950 | 4 Feb 2000 |
| Detached |
| Freehold |
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 February 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £250,000 results in an estimated price of approximately £372,220.
| 12 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £250,000 | £122,220 | £372,220 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 83.302 % | £208,255 | £458,255 |
| 3 Month Average | 62.258 % | £155,645 | £405,645 |
| 6 Month Average | 50.575 % | £126,437 | £376,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £479,161 | £475,000 | 82 LINCOLN ROAD |
| 7 Dec 2023 | £309,511 | £300,000 | 14 PARK VIEW AVENUE |
| 21 Nov 2023 | £287,293 | £280,000 | 2 PARK VIEW MEWS |
| 17 Mar 2023 | £315,265 | £310,000 | 100 LINCOLN ROAD |
| 3 Sep 2021 | £97,701 | £90,000 | UNIT 2 BRANSTON BUSINESS PARK LINCOLN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Park View Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park View Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deansway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Deansway |
| Oct 2024 | Anti-social behaviour | On or near Spruce Crescent |