£201,515
This estimated value is based upon the latest sale price for the house of £118,000 on 4 Jan 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 4 Jan 2013 |
| £111,000 | 23 Jun 2011 |
| £43,500 | 1 Sep 2000 |
| £41,000 | 3 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 782 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 January 2013 the House Price Index for LINCOLNSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £118,000 results in an estimated price of approximately £201,515.
| 4 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £118,000 | £83,515 | £201,515 |
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 | 39.405 % | £46,497 | £164,497 |
| 3 Month Average | 49.000 % | £57,820 | £175,820 |
| 6 Month Average | 55.404 % | £65,377 | £183,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £267,211 | £259,000 | 304B BURTON ROAD |
| 8 Dec 2023 | £170,231 | £165,000 | 268 BURTON ROAD |
| 11 Sep 2023 | £148,268 | £145,000 | 14 THE PAVILION |
| 7 Jun 2023 | £147,965 | £145,000 | 15 THE PAVILION |
| 10 Mar 2023 | £366,114 | £360,000 | 326 BURTON ROAD |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 24 Mar 2011. Using an estimated price of £201,516 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mons Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westcliffe Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westcliffe Street |