£488,039
This estimated value is based upon the latest sale price for the house of £403,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£403,000 | 12 Jun 2020 |
Freehold |
Floor Area: 242 sq meters or 2,604 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £403,000 results in an estimated price of approximately £488,039.
12 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £403,000 | £85,039 | £488,039 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 26.546 % | £106,978 | £509,978 |
3 Month Average | 6.782 % | £27,329 | £430,329 |
6 Month Average | 14.520 % | £58,516 | £461,516 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £177,630 | £175,000 | 30 WHITEHALL GROVE |
25 Aug 2023 | £267,339 | £265,000 | 21 YARBOROUGH ROAD |
19 Jul 2023 | £152,046 | £150,000 | 23 YARBOROUGH ROAD |
23 Jun 2023 | £202,452 | £200,000 | 18 WHITEHALL GROVE |
4 May 2022 | £203,841 | £200,000 | 27 THE AVENUE |
This house has a floor area of 242 sq meters or 2,604 sq feet when measured on 14 Oct 2019. Using an estimated price of £488,039 means this house is valued at £2,016 per sq meter (£187 per sq foot).
The average size of a house on THE AVENUE is 259 sq meters (2,792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near The Avenue | |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Avenue |
Jan 2024 | Anti-social behaviour | On or near The Avenue | |
Jan 2024 | Anti-social behaviour | On or near The Avenue | |
Jan 2024 | Anti-social behaviour | On or near The Avenue |