£181,716
This estimated value is based upon the latest sale price for the house of £146,000 on 17 Jun 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £146,000 | 17 Jun 2019 |
| £120,000 | 29 Jan 2007 |
| £112,000 | 6 May 2005 |
| £33,500 | 13 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2019 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 24.463%.Applying this 24.463% change to the original purchase price of £146,000 results in an estimated price of approximately £181,716.
| 17 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £146,000 | £35,716 | £181,716 |
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 | 31.230 % | £45,595 | £191,595 |
| 3 Month Average | 13.920 % | £20,322 | £166,322 |
| 6 Month Average | 9.343 % | £13,641 | £159,641 |
| 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 66 sq meters or 710 sq feet when measured on 23 Jul 2018. Using an estimated price of £181,716 means this house is valued at £2,753 per sq meter (£255 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 | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albany Street |
| Aug 2024 | Anti-social behaviour | On or near Waldeck Street | |
| Aug 2024 | Anti-social behaviour | On or near Waldeck Street |