£158,311
This estimated value is based upon the latest sale price for the house of £92,500 on 2 Dec 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,500 | 2 Dec 2010 |
| £40,000 | 8 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 418 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 2010 the House Price Index for LINCOLNSHIRE was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £92,500 results in an estimated price of approximately £158,311.
| 2 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £92,500 | £65,811 | £158,311 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 120.344 % | £111,318 | £203,818 |
| 3 Month Average | 45.858 % | £42,418 | £134,918 |
| 6 Month Average | 36.679 % | £33,928 | £126,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £166,237 | £164,000 | 129 MONKS ROAD |
| 14 Jul 2023 | £177,387 | £175,000 | 30 ARBORETUM AVENUE |
| 24 Mar 2023 | £113,065 | £112,000 | 40 JOHN STREET |
| 28 Oct 2022 | £212,660 | £214,950 | 2 WOODLAND VIEW |
| 30 Aug 2022 | £159,570 | £160,000 | 7 WOODLAND VIEW |
This house has a floor area of 38 sq meters or 418 sq feet when measured on 22 Jul 2010. Using an estimated price of £158,312 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on ARBORETUM VIEW is 105 sq meters (1,140 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arboretum Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Arboretum Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avondale Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avondale Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avondale Street |