£160,365
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Dec 2018 |
| £79,000 | 26 Mar 2010 |
| £36,600 | 17 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2018 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £130,000 results in an estimated price of approximately £160,365.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £130,000 | £30,365 | £160,365 |
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 | 8.412 % | £10,936 | £140,936 |
| 3 Month Average | 15.539 % | £20,200 | £150,200 |
| 6 Month Average | 16.207 % | £21,069 | £151,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £120,000 | £120,000 | 5 ELMWOOD CLOSE |
| 6 Dec 2023 | £150,127 | £147,500 | 32 LARCHWOOD CRESCENT |
| 3 Mar 2023 | £174,645 | £173,000 | 10 REGENT AVENUE |
| 25 Jan 2023 | £141,832 | £142,500 | 4 ELMWOOD CLOSE |
| 13 Jan 2023 | £159,250 | £160,000 | 53 LARCHWOOD CRESCENT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Oct 2018. Using an estimated price of £160,365 means this house is valued at £1,572 per sq meter (£146 per sq foot).
The average size of a house on WOODFIELD AVENUE is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Peartree Close |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Peartree Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malham Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Firtree Avenue |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Sunfield Crescent |