£170,837
This estimated value is based upon the latest sale price for the house of £50,000 on 7 Jun 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Elizabeth Avenue
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Price Paid | Date |
---|---|
£50,000 | 7 Jun 2001 |
£80,750 | 30 Aug 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 June 2001 the House Price Index for LINCOLNSHIRE was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £50,000 results in an estimated price of approximately £170,837.
7 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £50,000 | £120,837 | £170,837 |
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 | 243.602 % | £121,800 | £171,800 |
3 Month Average | 209.093 % | £104,546 | £154,546 |
6 Month Average | 231.540 % | £115,769 | £165,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £266,042 | £260,000 | 59 PENDINE CRESCENT |
13 Jan 2023 | £345,924 | £345,000 | 2 PENDINE CRESCENT |
24 Jun 2022 | £306,553 | £300,000 | 16 BELTON PARK DRIVE |
24 Jun 2022 | £352,536 | £345,000 | 14 HYDE PARK CLOSE |
25 Apr 2022 | £259,355 | £250,000 | 2 CROMER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Avenue |
Jun 2024 | Anti-social behaviour | On or near Water Lane | |
Jun 2024 | Anti-social behaviour | On or near Water Lane | |
Jul 2024 | Anti-social behaviour | On or near Philip Court | |
Jul 2024 | Other theft | Under investigation | On or near Philip Court |