£264,645
This estimated value is based upon the latest sale price for the house of £152,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £152,000 | 4 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 950 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 2009 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £152,000 results in an estimated price of approximately £264,645.
| 4 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £152,000 | £112,645 | £264,645 |
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 | 49.243 % | £74,848 | £226,848 |
| 3 Month Average | 45.461 % | £69,100 | £221,100 |
| 6 Month Average | 55.882 % | £84,940 | £236,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £166,445 | £165,000 | 2 WAVERLEY AVENUE |
| 26 Mar 2024 | £365,617 | £360,000 | 42 SWALLOWBECK AVENUE |
| 8 Mar 2024 | £213,277 | £210,000 | 8 WAVERLEY AVENUE |
| 20 Dec 2023 | £355,937 | £345,000 | 13 WAVERLEY AVENUE |
| 14 Dec 2023 | £268,243 | £260,000 | 25 NEWARK ROAD |
This house has a floor area of 88 sq meters or 950 sq feet when measured on 29 Jun 2009. Using an estimated price of £264,646 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on WAVERLEY AVENUE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wetherby Crescent |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Esk Close |
| Oct 2024 | Anti-social behaviour | On or near Wickenby Close | |
| Sep 2024 | Drugs | Under investigation | On or near Wickenby Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wickenby Close |