£136,648
This estimated value is based upon the latest sale price for the house of £117,000 on 17 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £117,000 | 17 Nov 2020 |
| £42,500 | 16 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £117,000 results in an estimated price of approximately £136,648.
| 17 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £117,000 | £19,648 | £136,648 |
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 | -2.704 % | £-3,163 | £113,836 |
| 3 Month Average | -0.647 % | £-757 | £116,242 |
| 6 Month Average | 5.392 % | £6,308 | £123,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £118,529 | £117,500 | 4 ALBANY STREET |
| 7 Mar 2024 | £182,809 | £180,000 | 173A BURTON ROAD |
| 3 Nov 2023 | £186,740 | £182,000 | 64 MILL ROAD |
| 27 Mar 2023 | £157,632 | £155,000 | 25 WALDECK STREET |
| 10 Mar 2023 | £355,944 | £350,000 | 177 BURTON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Oct 2021. Using an estimated price of £136,648 means this house is valued at £1,751 per sq meter (£162 per sq foot).
The average size of a house on ALBANY STREET is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Albany Street | |
| Sep 2024 | Anti-social behaviour | On or near Albany Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Street |
| Oct 2024 | Burglary | Under investigation | On or near Waldeck Street |
| Oct 2024 | Burglary | Under investigation | On or near Waldeck Street |