£209,620
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 21 Sep 2023 |
| £107,000 | 28 Nov 2002 |
| £60,000 | 4 Sep 2000 |
| £61,500 | 23 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £205,000 results in an estimated price of approximately £209,620.
| 21 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £205,000 | £4,620 | £209,620 |
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 | 14.349 % | £29,416 | £234,416 |
| 3 Month Average | 1.584 % | £3,246 | £208,246 |
| 6 Month Average | -1.901 % | £-3,896 | £201,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £227,782 | £222,000 | 59 HUNT LEA AVENUE |
| 21 Sep 2023 | £209,621 | £205,000 | 3 WESTERN CRESCENT |
| 21 Sep 2023 | £249,500 | £244,000 | 39 HUNT LEA AVENUE |
| 23 Mar 2023 | £274,535 | £269,950 | 1 WESTERN CRESCENT |
| 23 Jan 2023 | £340,911 | £340,000 | 114 WESTERN AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Apr 2017. Using an estimated price of £209,621 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on WESTERN CRESCENT is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Western Avenue |
| Sep 2024 | Anti-social behaviour | On or near Western Avenue | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Western Avenue |
| Jul 2024 | Anti-social behaviour | On or near Western Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Western Avenue |