£181,191
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Aug 2020 |
| £80,000 | 19 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £150,000 results in an estimated price of approximately £181,191.
| 20 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £150,000 | £31,191 | £181,191 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 133.561 % | £200,340 | £350,340 |
| 3 Month Average | 53.158 % | £79,737 | £229,737 |
| 6 Month Average | 28.802 % | £43,203 | £193,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £72,219 | £70,000 | 67A VICTORIA ROAD |
| 27 Jun 2023 | £215,315 | £211,000 | 47 VICTORIA ROAD |
| 27 Jul 2022 | £318,188 | £315,000 | 12 ADMIRALTY ROAD |
| 15 Jul 2022 | £217,176 | £215,000 | 6 ADMIRALTY ROAD |
| 15 Jul 2022 | £166,670 | £165,000 | 65A VICTORIA ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 19 Mar 2020. Using an estimated price of £181,191 means this house is valued at £1,725 per sq meter (£160 per sq foot).
The average size of a house on PARK AVENUE is 150 sq meters (1,618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Park Avenue |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Gibraltar Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gibraltar Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Admiralty Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Admiralty Road |