£54,621
This estimated value is based upon the latest sale price for the house of £44,000 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £44,000 | 22 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £44,000 results in an estimated price of approximately £54,621.
| 22 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £44,000 | £10,621 | £54,621 |
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 | 33.600 % | £14,784 | £58,784 |
| 3 Month Average | 13.216 % | £5,814 | £49,814 |
| 6 Month Average | 10.920 % | £4,804 | £48,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 53 EDWARD STREET |
| 10 Nov 2023 | £153,907 | £150,000 | 50 BRIDGE END ROAD |
| 3 Nov 2023 | £179,558 | £175,000 | 82 HOUGHTON ROAD |
| 2 Jun 2023 | £116,331 | £114,000 | 26 BRIDGE END ROAD |
| 20 Mar 2023 | £111,868 | £110,000 | 33 EDWARD STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 3 Jun 2017. Using an estimated price of £54,621 means this house is valued at £1,187 per sq meter (£110 per sq foot).
The average size of a house on BRIDGE END ROAD is 101 sq meters (1,092 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Edward Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Jul 2024 | Anti-social behaviour | On or near Edward Street | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Jul 2024 | Anti-social behaviour | On or near Edward Street |