£303,885
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 15 Sep 2023 |
| 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £300,000 results in an estimated price of approximately £303,885.
| 15 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £300,000 | £3,885 | £303,885 |
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 | 6.182 % | £18,545 | £318,545 |
| 3 Month Average | -3.110 % | £-9,328 | £290,671 |
| 6 Month Average | -0.553 % | £-1,659 | £298,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £303,885 | £300,000 | 53 ABINGDON AVENUE |
| 1 Sep 2023 | £224,875 | £222,000 | 42 WOODVALE AVENUE |
| 3 Jul 2023 | £334,502 | £330,000 | 74 BENSON CRESCENT |
| 2 Sep 2022 | £190,958 | £192,500 | 20 WOODVALE AVENUE |
| 1 Apr 2022 | £216,258 | £210,000 | 61 WOODVALE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Abingdon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Locking Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Locking Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |