£163,673
This estimated value is based upon the latest sale price for the house of £132,500 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £132,500 | 1 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 February 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £132,500 results in an estimated price of approximately £163,673.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £132,500 | £31,173 | £163,673 |
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 | 5.522 % | £7,316 | £139,816 |
| 3 Month Average | -11.133 % | £-14,751 | £117,748 |
| 6 Month Average | 39.100 % | £51,807 | £184,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £215,186 | £212,000 | 33 TOTHBY LANE |
| 31 Mar 2023 | £262,473 | £260,000 | 5 COLES AVENUE |
| 17 Jun 2022 | £243,440 | £240,000 | 19 COLES AVENUE |
| 26 Apr 2022 | £360,430 | £350,000 | 6 COLES AVENUE |
| 26 Apr 2022 | £195,662 | £190,000 | 3 TOTHBY LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Mar 2018. Using an estimated price of £163,673 means this house is valued at £2,871 per sq meter (£266 per sq foot).
The average size of a house on HIGGINS ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Police Station |
| Dec 2023 | Anti-social behaviour | On or near Police Station | |
| Dec 2023 | Anti-social behaviour | On or near Police Station |