£167,940
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Sep 2018 |
| £88,500 | 2 Dec 2008 |
| £52,000 | 27 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2018 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £135,000 results in an estimated price of approximately £167,940.
| 21 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £135,000 | £32,940 | £167,940 |
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 | 35.823 % | £48,361 | £183,361 |
| 3 Month Average | 35.062 % | £47,333 | £182,333 |
| 6 Month Average | 24.817 % | £33,502 | £168,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £345,620 | £335,000 | 65 SOUTH PARADE |
| 7 Nov 2023 | £159,037 | £155,000 | 118 EDWARD STREET |
| 8 Aug 2023 | £127,296 | £125,000 | 40 EDWARD STREET |
| 28 Apr 2023 | £127,383 | £125,000 | 32 EDWARD STREET |
| 20 Mar 2023 | £111,868 | £110,000 | 33 EDWARD STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Mar 2018. Using an estimated price of £167,941 means this house is valued at £2,125 per sq meter (£197 per sq foot).
The average size of a house on SOUTH PARADE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near South Parade |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Parade |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Oct 2024 | Burglary | Under investigation | On or near Edward Street |
| Oct 2024 | Anti-social behaviour | On or near Edward Street |