£311,403
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Scarbrough Avenue
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 310 sq meters or 3,336 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 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £225,000 results in an estimated price of approximately £311,403.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £225,000 | £86,403 | £311,403 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | -10.607 % | £-23,866 | £201,133 |
| 3 Month Average | 30.063 % | £67,642 | £292,642 |
| 6 Month Average | 24.981 % | £56,206 | £281,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £111,653 | £110,000 | FLAT 7 RED HOUSE COURT PARK AVENUE |
| 8 Sep 2023 | £222,849 | £220,000 | 3 PARK AVENUE |
| 6 Jun 2023 | £91,104 | £90,000 | 38 SCARBROUGH AVENUE |
| 2 Mar 2023 | £116,094 | £115,000 | FLAT 4 RED HOUSE COURT PARK AVENUE |
| 16 Jan 2023 | £288,640 | £290,000 | 35 IDA ROAD |
This house has a floor area of 310 sq meters or 3,336 sq feet when measured on 18 Dec 2018. Using an estimated price of £311,403 means this house is valued at £1,004 per sq meter (£93 per sq foot).
The average size of a house on SCARBROUGH AVENUE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Scarbrough Avenue |
| Feb 2024 | Anti-social behaviour | On or near Scarbrough Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Scarbrough Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarbrough Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Scarbrough Avenue |