£181,548
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Apr 2022 |
| £110,250 | 22 Nov 2019 |
| £113,000 | 14 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 April 2022 the House Price Index for LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £175,000 results in an estimated price of approximately £181,548.
| 11 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £175,000 | £6,548 | £181,548 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 13.622 % | £23,838 | £198,838 |
| 3 Month Average | -10.960 % | £-19,179 | £155,820 |
| 6 Month Average | -0.612 % | £-1,071 | £173,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £97,500 | £97,500 | 51 OXFORD STREET |
| 28 Nov 2023 | £82,084 | £80,000 | 47 COLLEGE STREET |
| 29 Jun 2023 | £255,112 | £250,000 | 53 CAMBRIDGE STREET |
| 13 Feb 2023 | £78,525 | £78,000 | 49 CAMBRIDGE STREET |
| 20 Jan 2023 | £126,338 | £126,000 | 48 OXFORD STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 5 Aug 2019. Using an estimated price of £181,549 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on OXFORD STREET is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Offender given a caution | On or near Oxford Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near College Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Street |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near College Street |