£285,116
This estimated value is based upon the latest sale price for the house of £192,000 on 19 Mar 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £192,000 | 19 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for LINCOLNSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £192,000 results in an estimated price of approximately £285,116.
| 19 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £192,000 | £93,116 | £285,116 |
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 | 5.235 % | £10,050 | £202,050 |
| 3 Month Average | 28.697 % | £55,098 | £247,098 |
| 6 Month Average | 37.287 % | £71,590 | £263,590 |
| 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 82 sq meters or 882 sq feet when measured on 1 Aug 2014. Using an estimated price of £285,116 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Garfield Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garfield Close |