£224,018
This estimated value is based upon the latest sale price for the house of £122,000 on 3 Jul 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 3 Jul 2009 |
| £42,000 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 July 2009 the House Price Index for LINCOLNSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £122,000 results in an estimated price of approximately £224,018.
| 3 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £122,000 | £102,018 | £224,018 |
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 | 47.150 % | £57,522 | £179,522 |
| 3 Month Average | 59.937 % | £73,123 | £195,123 |
| 6 Month Average | 63.846 % | £77,891 | £199,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £224,753 | £221,300 | 8 TENNYSON STREET |
| 15 Dec 2023 | £185,706 | £180,000 | 10 ALLISON STREET |
| 30 Oct 2023 | £179,067 | £175,000 | 15 ALLISON STREET |
| 12 Oct 2023 | £286,507 | £280,000 | 13 TENNYSON STREET |
| 22 Sep 2023 | £168,719 | £165,000 | 7 BEDFORD STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 25 Oct 2018. Using an estimated price of £224,019 means this house is valued at £1,659 per sq meter (£154 per sq foot).
The average size of a house on WEST PARADE is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bedford Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Street |
| Sep 2024 | Anti-social behaviour | On or near Bedford Street | |
| Sep 2024 | Anti-social behaviour | On or near Bedford Street | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bedford Street |