£388,051
This estimated value is based upon the latest sale price for the house of £315,000 on 9 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 9 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 August 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £315,000 results in an estimated price of approximately £388,051.
| 9 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £315,000 | £73,051 | £388,051 |
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 | 37.105 % | £116,882 | £431,882 |
| 3 Month Average | 19.255 % | £60,654 | £375,654 |
| 6 Month Average | 21.222 % | £66,850 | £381,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £201,224 | £200,000 | 7 LANDMERE GROVE |
| 21 Apr 2023 | £203,513 | £202,000 | 15 LANDMERE GROVE |
| 21 Oct 2022 | £264,075 | £268,000 | 1 LANDMERE GROVE |
| 9 Mar 2022 | £572,803 | £555,000 | STONES PLACE LODGE SKELLINGTHORPE ROAD |
| 4 Mar 2022 | £774,059 | £750,000 | 32 LANDMERE GROVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 9 Mar 2018. Using an estimated price of £388,052 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on GROSVENOR AVENUE is 153 sq meters (1,649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
| Apr 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |