£271,607
This estimated value is based upon the latest sale price for the house of £204,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £204,000 | 12 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £204,000 results in an estimated price of approximately £271,607.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £204,000 | £67,607 | £271,607 |
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 | 13.005 % | £26,529 | £230,529 |
| 3 Month Average | 25.856 % | £52,746 | £256,746 |
| 6 Month Average | 26.934 % | £54,944 | £258,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £134,999 | £133,000 | 20 MEYNELL AVENUE |
| 24 Nov 2023 | £180,167 | £177,500 | 16 QUORN DRIVE |
| 16 Mar 2023 | £188,779 | £187,000 | 13 MEYNELL AVENUE |
| 16 Mar 2023 | £257,425 | £255,000 | 2 HUNT LEA AVENUE |
| 20 Feb 2023 | £189,872 | £190,000 | 2 QUORN DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 8 Dec 2015. Using an estimated price of £271,607 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on HARRINGTON AVENUE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meynell Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meynell Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meynell Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meynell Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meynell Avenue |