£128,559
This estimated value is based upon the latest sale price for the house of £89,950 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 28 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £89,950 results in an estimated price of approximately £128,559.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £89,950 | £38,609 | £128,559 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 21.707 % | £19,525 | £109,475 |
| 3 Month Average | 34.440 % | £30,978 | £120,928 |
| 6 Month Average | 32.043 % | £28,822 | £118,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £211,633 | £208,500 | 179 MOORLAND AVENUE |
| 14 Jul 2023 | £101,364 | £100,000 | 18 WEBSTER CLOSE |
| 31 Jan 2023 | £169,203 | £170,000 | 37 DE WINT AVENUE |
| 20 Jan 2023 | £184,133 | £185,000 | 35 DE WINT AVENUE |
| 19 Jan 2023 | £185,128 | £186,000 | 45 SHANNON AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Jun 2015. Using an estimated price of £128,559 means this house is valued at £1,567 per sq meter (£145 per sq foot).
The average size of a house on SHANNON AVENUE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shannon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shannon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shannon Close |
| Jan 2024 | Other theft | Under investigation | On or near Shannon Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Shannon Close |