£339,448
This estimated value is based upon the latest sale price for the house of £267,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £267,000 | 24 Oct 2017 |
| £260,000 | 6 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 October 2017 the House Price Index for LINCOLNSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £267,000 results in an estimated price of approximately £339,448.
| 24 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £267,000 | £72,448 | £339,448 |
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 | 21.919 % | £58,522 | £325,522 |
| 3 Month Average | 19.095 % | £50,984 | £317,984 |
| 6 Month Average | 18.475 % | £49,327 | £316,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £154,755 | £150,000 | 60 QUEEN MARY ROAD |
| 12 Jun 2023 | £137,761 | £135,000 | 10 RETIEF CLOSE |
| 3 Feb 2023 | £427,858 | £425,000 | 355 BURTON ROAD |
| 19 Aug 2022 | £306,433 | £305,000 | 14 BURTON CLIFFE |
| 27 May 2022 | £160,173 | £156,000 | 165 QUEEN ELIZABETH ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 13 Mar 2014. Using an estimated price of £339,448 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Buchanan Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garfield Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Garfield Close |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Honington Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Retief Close |