£95,319
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Jun 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 20 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 483 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 June 2011 the House Price Index for LINCOLNSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £55,000 results in an estimated price of approximately £95,319.
| 20 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £55,000 | £40,319 | £95,319 |
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 | 52.578 % | £28,917 | £83,917 |
| 3 Month Average | 64.614 % | £35,537 | £90,537 |
| 6 Month Average | 74.663 % | £41,064 | £96,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2022 | £150,258 | £145,000 | 22 FOURTH AVENUE |
| 26 Jan 2022 | £146,285 | £139,000 | 9 FOURTH AVENUE |
| 7 Jan 2022 | £168,385 | £160,000 | 43 SECOND AVENUE |
| 22 Dec 2021 | £187,491 | £175,000 | 47 SECOND AVENUE |
| 25 Nov 2021 | £270,378 | £250,000 | 48 SECOND AVENUE |
This house has a floor area of 44 sq meters or 483 sq feet when measured on 16 Nov 2010. Using an estimated price of £95,319 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on ALMA PARK CLOSE is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Second Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Second Avenue | |
| Feb 2024 | Other theft | Under investigation | On or near Sixth Avenue |