£322,315
This estimated value is based upon the latest sale price for the house of £260,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 2 Aug 2019 |
| £220,000 | 20 Jul 2016 |
| £73,000 | 27 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £260,000 results in an estimated price of approximately £322,315.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £260,000 | £62,315 | £322,315 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | 38.196 % | £99,309 | £359,309 |
| 3 Month Average | 0.374 % | £971 | £260,971 |
| 6 Month Average | 2.263 % | £5,883 | £265,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £240,000 | £240,000 | 41 STATION ROAD |
| 31 Mar 2023 | £264,416 | £260,000 | 5 COLES AVENUE |
| 17 Jun 2022 | £245,242 | £240,000 | 19 COLES AVENUE |
| 26 Apr 2022 | £363,098 | £350,000 | 6 COLES AVENUE |
| 20 Dec 2021 | £109,550 | £101,500 | 11 ROBINSON AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 18 May 2016. Using an estimated price of £322,315 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on COLES AVENUE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coles Avenue |
| Jul 2024 | Anti-social behaviour | On or near Coles Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Coles Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Coles Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Coles Avenue |