£262,139
This estimated value is based upon the latest sale price for the house of £89,950 on 10 May 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 10 May 2002 |
| Detached |
| Freehold |
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 May 2002 the House Price Index for LINCOLNSHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £89,950 results in an estimated price of approximately £262,139.
| 10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £89,950 | £172,189 | £262,139 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 236.818 % | £213,017 | £302,967 |
| 3 Month Average | 171.783 % | £154,518 | £244,468 |
| 6 Month Average | 153.240 % | £137,839 | £227,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2021 | £277,487 | £259,000 | 46 MARINE AVENUE |
| 30 Nov 2021 | £394,753 | £365,000 | HOPE LODGE GROVE ROAD |
| 22 Oct 2021 | £215,763 | £195,000 | 9 MARINE AVENUE |
| 8 Oct 2021 | £265,555 | £240,000 | 60 MARINE AVENUE |
| 14 Sep 2021 | £258,622 | £240,000 | 11 MARINE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanson Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hanson Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Hanson Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Hanson Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Park Road East |