£181,942
This estimated value is based upon the latest sale price for the house of £149,950 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 19 Mar 2020 |
| £129,950 | 1 Oct 2014 |
| £117,000 | 31 Jul 2007 |
| £34,000 | 16 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £149,950 results in an estimated price of approximately £181,942.
| 19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £149,950 | £31,992 | £181,942 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -26.524 % | £-39,772 | £110,177 |
| 3 Month Average | 26.696 % | £40,031 | £189,981 |
| 6 Month Average | 5.641 % | £8,457 | £158,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £314,837 | £310,000 | 9 ALBANY ROAD |
| 19 Dec 2023 | £149,597 | £145,000 | 17 OAKLANDS |
| 29 Nov 2023 | £387,332 | £377,500 | 16 ALBANY ROAD |
| 20 Oct 2023 | £152,974 | £149,500 | 12 OAKLANDS |
| 30 Aug 2023 | £162,939 | £160,000 | 2 OAKLANDS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Jul 2014. Using an estimated price of £181,942 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on ALBANY ROAD is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albany Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bennetts Mill Close |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close | |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bennetts Mill Close |