£270,972
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Jul 2020 |
| £145,000 | 29 Mar 2012 |
| £141,000 | 1 Nov 2007 |
| £139,000 | 25 Oct 2006 |
| 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £225,000 results in an estimated price of approximately £270,972.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £225,000 | £45,972 | £270,972 |
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 | -3.897 % | £-8,768 | £216,231 |
| 3 Month Average | -0.439 % | £-988 | £224,011 |
| 6 Month Average | 16.934 % | £38,100 | £263,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £179,808 | £177,500 | 16 QUORN DRIVE |
| 10 Nov 2023 | £248,186 | £245,000 | 136 BOULTHAM PARK ROAD |
| 20 Jul 2022 | £259,649 | £260,000 | 9 MAYFAIR AVENUE |
| 14 Jul 2022 | £229,690 | £230,000 | 138 BOULTHAM PARK ROAD |
| 12 Apr 2022 | £267,179 | £260,500 | 41 WESTERN AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Feb 2020. Using an estimated price of £270,972 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on MAYFAIR AVENUE is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hallam Grove | |
| Jan 2024 | Other crime | Under investigation | On or near Hallam Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hall Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hall Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hall Drive |