£170,974
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Jun 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £160,000 results in an estimated price of approximately £170,974.
| 28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £160,000 | £10,974 | £170,974 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | -19.907 % | £-31,851 | £128,148 |
| 3 Month Average | -6.287 % | £-10,058 | £149,941 |
| 6 Month Average | -1.892 % | £-3,026 | £156,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £267,166 | £265,000 | 14 FIRST AVENUE |
| 1 Mar 2023 | £130,707 | £130,000 | 203 HARROWBY LANE |
| 17 Jun 2022 | £139,413 | £138,000 | 15 SECOND AVENUE |
| 31 Mar 2022 | £149,651 | £145,000 | 22 FOURTH AVENUE |
| 26 Jan 2022 | £145,694 | £139,000 | 9 FOURTH AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Aug 2020. Using an estimated price of £170,975 means this house is valued at £2,551 per sq meter (£237 per sq foot).
The average size of a house on FOURTH AVENUE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Fourth Avenue |
| Apr 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Fourth Avenue |