£180,225
This estimated value is based upon the latest sale price for the house of £147,950 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,950 | 21 Jul 2020 |
| £114,000 | 10 Oct 2014 |
| £57,995 | 7 Sep 2001 |
| £43,000 | 26 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £147,950 results in an estimated price of approximately £180,225.
| 21 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £147,950 | £32,275 | £180,225 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | -8.582 % | £-12,697 | £135,252 |
| 3 Month Average | 8.666 % | £12,821 | £160,771 |
| 6 Month Average | 14.751 % | £21,823 | £169,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £156,819 | £152,000 | 14 THIRD AVENUE |
| 29 Jun 2023 | £270,419 | £265,000 | 14 FIRST AVENUE |
| 17 Jun 2022 | £141,014 | £138,000 | 15 SECOND AVENUE |
| 31 Mar 2022 | £151,370 | £145,000 | 22 FOURTH AVENUE |
| 26 Jan 2022 | £147,368 | £139,000 | 9 FOURTH AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 18 May 2020. Using an estimated price of £180,226 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on SECOND AVENUE is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue |