£114,878
This estimated value is based upon the latest sale price for the house of £70,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Shopping Area
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| Price Paid | Date |
|---|---|
| £70,000 | 23 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2007 the House Price Index for LINCOLNSHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £70,000 results in an estimated price of approximately £114,878.
| 23 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £70,000 | £44,878 | £114,878 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 51.180 % | £35,826 | £105,826 |
| 3 Month Average | 51.975 % | £36,382 | £106,382 |
| 6 Month Average | 45.830 % | £32,081 | £102,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £85,000 | £85,000 | 15 BOSTON ROAD |
| 8 Mar 2024 | £184,840 | £182,000 | 10 BOSTON ROAD |
| 13 Dec 2023 | £1,516,779 | £1,470,171 | 82 SOUTHGATE |
| 13 Dec 2023 | £190,938 | £185,071 | 90 SOUTHGATE |
| 3 Nov 2023 | £128,256 | £125,000 | 2 BERKELEY COURT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Nov 2014. Using an estimated price of £114,878 means this house is valued at £1,367 per sq meter (£127 per sq foot).
The average size of a house on BOSTON ROAD is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Shopping Area | |
| Oct 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |