£201,854
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 4 Sep 2020 |
| £145,000 | 6 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £170,000 results in an estimated price of approximately £201,854.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £170,000 | £31,854 | £201,854 |
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 | -1.890 % | £-3,213 | £166,787 |
| 3 Month Average | 12.539 % | £21,316 | £191,316 |
| 6 Month Average | 19.062 % | £32,405 | £202,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £187,976 | £190,000 | 36 FIFTH AVENUE |
| 10 Dec 2021 | £187,491 | £175,000 | 10 FIFTH AVENUE |
| 23 Jul 2021 | £181,584 | £158,000 | 30 ALMA PARK ROAD |
| 28 Jun 2021 | £171,668 | £160,000 | 24 FOURTH AVENUE |
| 28 Jun 2021 | £203,856 | £190,000 | 19 SIXTH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Jun 2019. Using an estimated price of £201,855 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on ALMA PARK ROAD is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Sixth Avenue |
| 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 |