£266,673
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 14 Apr 2014 |
| £149,000 | 17 Mar 2011 |
| £159,950 | 24 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £170,000 results in an estimated price of approximately £266,673.
| 14 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £170,000 | £96,673 | £266,673 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 43.954 % | £74,721 | £244,721 |
| 3 Month Average | 51.820 % | £88,094 | £258,094 |
| 6 Month Average | 51.221 % | £87,075 | £257,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £272,365 | £270,000 | 2A ST EDMUNDS ROAD |
| 27 Oct 2023 | £250,694 | £245,000 | 42 VICTORIA AVENUE |
| 15 Sep 2023 | £302,672 | £296,000 | 56 GRANTHAM ROAD |
| 3 Aug 2023 | £977,633 | £960,000 | 73 LONDON ROAD |
| 25 Jan 2023 | £421,125 | £420,000 | 68 LONDON ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 16 Nov 2015. Using an estimated price of £266,673 means this house is valued at £2,168 per sq meter (£201 per sq foot).
The average size of a house on VICTORIA AVENUE is 140 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ickworth Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Edmunds Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near St Edmunds Road |
| Jul 2024 | Public order | Under investigation | On or near St Edmunds Road |