£195,277
This estimated value is based upon the latest sale price for the house of £112,000 on 10 Mar 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £112,000 | 10 Mar 2006 |
| 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 March 2006 the House Price Index for LINCOLNSHIRE was 84.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 74.355%.Applying this 74.355% change to the original purchase price of £112,000 results in an estimated price of approximately £195,277.
| 10 Mar 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 146.7 | 74.355 % | £112,000 | £83,277 | £195,277 |
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 | 33.502 % | £37,522 | £149,522 |
| 3 Month Average | 57.415 % | £64,305 | £176,305 |
| 6 Month Average | 53.850 % | £60,312 | £172,312 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Oct 2014.
The average size of a house on PARK ROAD is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Park Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alford Street |