£227,031
This estimated value is based upon the latest sale price for the house of £182,500 on 25 Sep 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £182,500 | 25 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £182,500 results in an estimated price of approximately £227,031.
| 25 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £182,500 | £44,531 | £227,031 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 110.332 % | £201,355 | £383,855 |
| 3 Month Average | 35.397 % | £64,599 | £247,099 |
| 6 Month Average | 3.831 % | £6,991 | £189,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £155,000 | £155,000 | 20 ACCOMMODATION ROAD |
| 8 May 2024 | £160,000 | £160,000 | 42 MARK AVENUE |
| 15 Dec 2023 | £335,303 | £325,000 | LARKRISE ELMHIRST ROAD |
| 1 Dec 2023 | £108,329 | £105,000 | 8 ACCOMMODATION ROAD |
| 30 Aug 2023 | £285,143 | £280,000 | 9 WILLOW CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Jun 2018. Using an estimated price of £227,031 means this house is valued at £3,153 per sq meter (£292 per sq foot).
The average size of a house on MARK AVENUE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corn Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Stourton Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stourton Place |