£205,957
This estimated value is based upon the latest sale price for the house of £124,950 on 23 Oct 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 23 Oct 2013 |
| £117,000 | 16 Nov 2005 |
| £53,000 | 8 Feb 2002 |
| £37,500 | 15 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2013 the House Price Index for LINCOLNSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £124,950 results in an estimated price of approximately £205,957.
| 23 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £124,950 | £81,007 | £205,957 |
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 | 64.930 % | £81,130 | £206,080 |
| 3 Month Average | 42.221 % | £52,754 | £177,704 |
| 6 Month Average | 41.271 % | £51,568 | £176,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £168,719 | £165,000 | 2 CHESTNUT STREET |
| 10 Mar 2023 | £269,501 | £265,000 | 8 CUTHBERTS YARD |
| 12 Oct 2022 | £460,960 | £462,500 | 26 - 28 BURTON ROAD |
| 4 Jul 2022 | £151,518 | £150,000 | 96 RASEN LANE |
| 6 Jun 2022 | £214,587 | £210,000 | 10 CUTHBERTS YARD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Aug 2013. Using an estimated price of £205,957 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Chestnut Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Street |
| Jun 2024 | Anti-social behaviour | On or near Chestnut Street | |
| Jun 2024 | Anti-social behaviour | On or near Chestnut Street | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Street |