£317,563
This estimated value is based upon the latest sale price for the house of £219,000 on 1 Jul 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £219,000 | 1 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2015 the House Price Index for LINCOLNSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £219,000 results in an estimated price of approximately £317,563.
| 1 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £219,000 | £98,563 | £317,563 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 3.331 % | £7,295 | £226,295 |
| 3 Month Average | 46.009 % | £100,759 | £319,759 |
| 6 Month Average | 42.054 % | £92,098 | £311,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £140,000 | £140,000 | 77A WEST ROAD |
| 11 Aug 2023 | £229,133 | £225,000 | 9 NENE CLOSE |
| 23 Jun 2023 | £448,998 | £440,000 | 95 WEST ROAD |
| 26 Jan 2023 | £265,710 | £265,000 | 32 PINEWOOD CLOSE |
| 29 Apr 2022 | £452,316 | £436,000 | 14 NENE CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 1 Sep 2015. Using an estimated price of £317,563 means this house is valued at £2,835 per sq meter (£263 per sq foot).
The average size of a house on FIR AVENUE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Forest Avenue |
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive |