£207,434
This estimated value is based upon the latest sale price for the house of £119,950 on 31 Aug 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,950 | 31 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 937 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 August 2006 the House Price Index for LINCOLNSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £119,950 results in an estimated price of approximately £207,434.
| 31 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £119,950 | £87,484 | £207,434 |
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 | 38.236 % | £45,863 | £165,813 |
| 3 Month Average | 46.714 % | £56,033 | £175,983 |
| 6 Month Average | 49.345 % | £59,189 | £179,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £118,529 | £117,500 | 4 ALBANY STREET |
| 7 Mar 2024 | £182,809 | £180,000 | 173A BURTON ROAD |
| 3 Nov 2023 | £186,740 | £182,000 | 64 MILL ROAD |
| 10 Mar 2023 | £355,944 | £350,000 | 177 BURTON ROAD |
| 8 Jul 2022 | £186,872 | £185,000 | 144 BURTON ROAD |
This house has a floor area of 87 sq meters or 937 sq feet when measured on 21 Feb 2009. Using an estimated price of £207,435 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Burton Mews |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |