£242,128
This estimated value is based upon the latest sale price for the house of £180,500 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£180,500 | 21 Jul 2016 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £180,500 results in an estimated price of approximately £242,128.
21 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £180,500 | £61,628 | £242,128 |
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 | 33.913 % | £61,212 | £241,712 |
3 Month Average | 32.631 % | £58,899 | £239,399 |
6 Month Average | 29.687 % | £53,584 | £234,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £378,599 | £370,000 | 72 BENSON CRESCENT |
15 Sep 2023 | £306,762 | £300,000 | 53 ABINGDON AVENUE |
1 Sep 2023 | £227,004 | £222,000 | 42 WOODVALE AVENUE |
31 Mar 2022 | £130,492 | £125,000 | UNIT 10 SADLER COURT |
18 Feb 2022 | £232,421 | £220,000 | 84 ABINGDON AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 15 Aug 2016. Using an estimated price of £242,129 means this house is valued at £1,952 per sq meter (£181 per sq foot).
The average size of a house on ABINGDON AVENUE is 96 sq meters (1,034 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Under investigation | On or near Abingdon Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Benson Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodvale Avenue |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Cottesmore Road |