£393,678
This estimated value is based upon the latest sale price for the house of £385,000 on 26 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 26 Sep 2023 |
| £350,000 | 15 Oct 2021 |
| £224,995 | 19 Jul 2012 |
| £192,995 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,330 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £385,000 results in an estimated price of approximately £393,678.
| 26 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £385,000 | £8,678 | £393,678 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | -24.643 % | £-94,873 | £290,126 |
| 3 Month Average | 9.366 % | £36,059 | £421,059 |
| 6 Month Average | 1.901 % | £7,318 | £392,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £225,113 | £220,000 | 9 SAFFRON WALK |
| 26 Sep 2023 | £393,678 | £385,000 | 7 THYME AVENUE |
| 30 Jun 2023 | £255,112 | £250,000 | 5 ROSEMARY GARDENS |
| 20 Feb 2023 | £221,479 | £220,000 | 31 THYME AVENUE |
| 18 Aug 2022 | £267,250 | £266,000 | 2 HOLLAND CLOSE |
This house has a floor area of 123 sq meters or 1,330 sq feet when measured on 23 Dec 2011. Using an estimated price of £393,678 means this house is valued at £3,185 per sq meter (£295 per sq foot).
The average size of a house on THYME AVENUE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Thyme Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Thyme Avenue |
| Sep 2024 | Anti-social behaviour | On or near Thyme Avenue | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Thyme Avenue |
| Sep 2024 | Anti-social behaviour | On or near Thyme Avenue |