£253,519
This estimated value is based upon the latest sale price for the house of £191,000 on 28 Nov 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £191,000 | 28 Nov 2016 |
| £162,000 | 14 Jun 2013 |
| £163,000 | 30 Mar 2012 |
| £140,000 | 19 Aug 2005 |
| £135,000 | 18 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 November 2016 the House Price Index for LINCOLNSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £191,000 results in an estimated price of approximately £253,519.
| 28 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £191,000 | £62,519 | £253,519 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 31.818 % | £60,772 | £251,772 |
| 3 Month Average | 36.467 % | £69,651 | £260,651 |
| 6 Month Average | 27.274 % | £52,094 | £243,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £272,365 | £270,000 | 2A ST EDMUNDS ROAD |
| 27 Oct 2023 | £250,694 | £245,000 | 42 VICTORIA AVENUE |
| 25 Sep 2023 | £173,832 | £170,000 | 10 LORD STREET |
| 15 Sep 2023 | £302,672 | £296,000 | 56 GRANTHAM ROAD |
| 3 Aug 2023 | £977,633 | £960,000 | 73 LONDON ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 10 Feb 2011. Using an estimated price of £253,520 means this house is valued at £2,148 per sq meter (£199 per sq foot).
The average size of a house on VICTORIA AVENUE is 140 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ickworth Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Edmunds Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near St Edmunds Road |
| Jul 2024 | Public order | Under investigation | On or near St Edmunds Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |