£173,853
This estimated value is based upon the latest sale price for the house of £105,000 on 12 Apr 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 12 Apr 2013 |
| £106,000 | 11 Jul 2003 |
| £48,000 | 16 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2013 the House Price Index for LINCOLNSHIRE was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £105,000 results in an estimated price of approximately £173,853.
| 12 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £105,000 | £68,853 | £173,853 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 194.908 % | £204,653 | £309,653 |
| 3 Month Average | 61.787 % | £64,876 | £169,876 |
| 6 Month Average | 59.232 % | £62,193 | £167,193 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Oct 2012.
The average size of a house on PARK AVENUE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near B1356 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Road |