£225,696
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £185,000 | 12 Jun 2020 |
| £146,000 | 18 Oct 2005 |
| £42,500 | 6 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £185,000 results in an estimated price of approximately £225,696.
| 12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £185,000 | £40,696 | £225,696 |
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 | 31.288 % | £57,883 | £242,883 |
| 3 Month Average | 44.476 % | £82,280 | £267,280 |
| 6 Month Average | 31.002 % | £57,353 | £242,353 |
| 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 128 sq meters or 1,377 sq feet when measured on 1 Nov 2019. Using an estimated price of £225,696 means this house is valued at £1,763 per sq meter (£163 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 |