£294,346
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £240,000 results in an estimated price of approximately £294,346.
| 4 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £240,000 | £54,346 | £294,346 |
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 | -1.418 % | £-3,404 | £236,595 |
| 3 Month Average | 20.376 % | £48,901 | £288,901 |
| 6 Month Average | 19.529 % | £46,869 | £286,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £309,161 | £305,000 | 4 FIR AVENUE |
| 27 Mar 2023 | £307,901 | £305,000 | 71 WESTBOURNE PARK |
| 14 Mar 2022 | £321,241 | £310,000 | 18 FIR AVENUE |
| 24 Feb 2022 | £275,807 | £263,000 | 6 BEECH AVENUE |
| 15 Nov 2021 | £313,634 | £289,995 | 12 BEECH AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Jun 2018. Using an estimated price of £294,347 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on BEECH AVENUE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Forest Avenue |
| Feb 2024 | Anti-social behaviour | On or near Forest Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Forest Avenue | |
| Dec 2023 | Anti-social behaviour | On or near West Road |