£411,089
This estimated value is based upon the latest sale price for the house of £242,500 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£242,500 | 25 Jan 2013 |
£167,500 | 27 Jun 2003 |
£142,500 | 15 Nov 2002 |
£72,000 | 15 May 1998 |
Terraced |
Freehold |
Floor Area: 168 sq meters or 1,808 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 January 2013 the House Price Index for LINCOLNSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £242,500 results in an estimated price of approximately £411,089.
25 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £242,500 | £168,589 | £411,089 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 37.459 % | £90,837 | £333,337 |
3 Month Average | 39.750 % | £96,393 | £338,893 |
6 Month Average | 48.722 % | £118,150 | £360,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £180,000 | £180,000 | 173A BURTON ROAD |
27 Mar 2023 | £156,474 | £155,000 | 25 WALDECK STREET |
10 Mar 2023 | £158,493 | £157,000 | 26 WALDECK STREET |
8 Jul 2022 | £185,499 | £185,000 | 144 BURTON ROAD |
1 Jul 2022 | £86,901 | £86,667 | 137 BURTON ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 8 Oct 2012. Using an estimated price of £411,089 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Waldeck Street |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Waldeck Street |
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Anti-social behaviour | On or near Supermarket |