£265,157
This estimated value is based upon the latest sale price for the house of £162,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 8 Nov 2013 |
| £51,000 | 31 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2013 the House Price Index for LINCOLNSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £162,000 results in an estimated price of approximately £265,157.
| 8 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £162,000 | £103,157 | £265,157 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 118.174 % | £191,441 | £353,441 |
| 3 Month Average | 60.563 % | £98,112 | £260,112 |
| 6 Month Average | 53.130 % | £86,071 | £248,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £160,000 | £160,000 | 42 MARK AVENUE |
| 26 Sep 2023 | £224,959 | £220,000 | 18 MARK AVENUE |
| 30 Jun 2023 | £244,908 | £240,000 | 72 MARK AVENUE |
| 6 Apr 2023 | £178,336 | £175,000 | 8 MAPLE CLOSE |
| 28 Mar 2023 | £315,265 | £310,000 | 41 ACCOMMODATION ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Jun 2013. Using an estimated price of £265,158 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on MARK AVENUE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Mark Avenue |
| Sep 2024 | Anti-social behaviour | On or near Holly Close | |
| Sep 2024 | Anti-social behaviour | On or near Holly Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Drive |
| Sep 2024 | Anti-social behaviour | On or near Orchard Way |