£244,184
This estimated value is based upon the latest sale price for the house of £245,000 on 6 Oct 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Edward Street
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| Price Paid | Date |
|---|---|
| £245,000 | 6 Oct 2022 |
| £178,500 | 27 Sep 2017 |
| £55,000 | 5 Dec 1997 |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2022 the House Price Index for LINCOLNSHIRE was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £245,000 results in an estimated price of approximately £244,184.
| 6 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £245,000 | £-815 | £244,184 |
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 | 69.615 % | £170,556 | £415,556 |
| 3 Month Average | 4.686 % | £11,481 | £256,481 |
| 6 Month Average | 6.816 % | £16,698 | £261,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £345,620 | £335,000 | 65 SOUTH PARADE |
| 15 Dec 2023 | £190,865 | £185,000 | 53 EDWARD STREET |
| 7 Nov 2023 | £159,037 | £155,000 | 118 EDWARD STREET |
| 8 Aug 2023 | £127,296 | £125,000 | 40 EDWARD STREET |
| 28 Apr 2023 | £127,383 | £125,000 | 32 EDWARD STREET |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 7 Feb 2017. Using an estimated price of £244,184 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on EDWARD STREET is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Edward Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Edward Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Edward Street |
| Oct 2024 | Burglary | Under investigation | On or near Edward Street |