£293,711
This estimated value is based upon the latest sale price for the house of £244,950 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£244,950 | 28 Aug 2020 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £244,950 results in an estimated price of approximately £293,711.
28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £244,950 | £48,761 | £293,711 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -70.287 % | £-172,167 | £72,782 |
3 Month Average | 21.273 % | £52,107 | £297,057 |
6 Month Average | 23.474 % | £57,500 | £302,450 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £272,568 | £270,000 | 12 STUTTE CLOSE |
8 Jul 2022 | £280,756 | £280,000 | 33 LEGBOURNE ROAD |
22 Dec 2021 | £230,346 | £215,000 | 8 LANGLEY CLOSE |
19 Nov 2021 | £243,341 | £225,000 | 50 STEWTON LANE |
28 Jun 2021 | £434,534 | £405,000 | 4 LANGLEY CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 29 Aug 2019. Using an estimated price of £293,711 means this house is valued at £2,368 per sq meter (£220 per sq foot).
The average size of a house on LAVENDER WAY is 191 sq meters (2,055 sq feet).
This house is the smallest in the street with a floor area of 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Camellia Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Holly Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Southlands Avenue |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Legbourne Road |