£177,224
This estimated value is based upon the latest sale price for the house of £131,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 20 May 2016 |
| £122,000 | 11 Apr 2007 |
| £115,000 | 4 May 2004 |
| £42,500 | 24 Mar 2000 |
| £43,000 | 25 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 2016 the House Price Index for LINCOLNSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £131,000 results in an estimated price of approximately £177,224.
| 20 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £131,000 | £46,224 | £177,224 |
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 | 47.217 % | £61,854 | £192,854 |
| 3 Month Average | 38.164 % | £49,995 | £180,995 |
| 6 Month Average | 31.729 % | £41,565 | £172,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £194,416 | £190,000 | 51 WOODVALE AVENUE |
| 15 Sep 2023 | £306,762 | £300,000 | 53 ABINGDON AVENUE |
| 1 Sep 2023 | £227,004 | £222,000 | 42 WOODVALE AVENUE |
| 2 Sep 2022 | £192,371 | £192,500 | 20 WOODVALE AVENUE |
| 1 Apr 2022 | £217,859 | £210,000 | 61 WOODVALE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Feb 2016. Using an estimated price of £177,224 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on ABINGDON AVENUE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Close |
| Jun 2024 | Drugs | Under investigation | On or near Abingdon Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodvale Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Benson Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shawbury Close |