£299,731
This estimated value is based upon the latest sale price for the house of £172,950 on 28 Mar 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,950 | 28 Mar 2011 |
| £58,000 | 30 Sep 1996 |
| Detached |
| Freehold |
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 March 2011 the House Price Index for LINCOLNSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £172,950 results in an estimated price of approximately £299,731.
| 28 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £172,950 | £126,781 | £299,731 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 25.823 % | £44,660 | £217,610 |
| 3 Month Average | 40.036 % | £69,242 | £242,192 |
| 6 Month Average | 45.277 % | £78,306 | £251,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £215,000 | £215,000 | 8 RIVEHALL AVENUE |
| 8 Sep 2023 | £224,959 | £220,000 | 16 SPRING COURT |
| 26 Jun 2023 | £214,294 | £210,000 | 5 ST MARYS AVENUE |
| 11 Nov 2022 | £174,186 | £175,000 | 38 RIVEHALL AVENUE |
| 24 Aug 2022 | £306,433 | £305,000 | 9 LANCASTER COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rivehall Avenue |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Rivehall Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivehall Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Rivehall Avenue |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Eagle Drive |