£237,113
This estimated value is based upon the latest sale price for the house of £191,000 on 4 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £191,000 | 4 Oct 2018 |
| £140,000 | 1 Jul 2008 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 October 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £191,000 results in an estimated price of approximately £237,113.
| 4 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £191,000 | £46,113 | £237,113 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 29.793 % | £56,904 | £247,904 |
| 3 Month Average | 13.145 % | £25,106 | £216,106 |
| 6 Month Average | 10.657 % | £20,355 | £211,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £299,800 | £300,000 | 81 SOUTH PARADE |
| 1 Jul 2022 | £272,733 | £270,000 | 8 COOKS LOCK |
| 28 Jun 2022 | £202,325 | £198,000 | 60 SOUTH PARADE |
| 13 May 2022 | £221,778 | £216,000 | 74 SOUTH PARADE |
| 17 Mar 2022 | £166,977 | £159,950 | 27 COOKS LOCK |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Jul 2018. Using an estimated price of £237,113 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on MEDLAM ROAD is 85 sq meters (916 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodville Gardens East |
| Apr 2024 | Anti-social behaviour | On or near Woodville Gardens East | |
| Apr 2024 | Anti-social behaviour | On or near Woodville Gardens East | |
| Apr 2024 | Anti-social behaviour | On or near Woodville Gardens East | |
| Apr 2024 | Anti-social behaviour | On or near Woodville Gardens East |