£75,705
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Edward Street
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| Price Paid | Date |
|---|---|
| £70,000 | 19 Nov 2021 |
| £23,500 | 10 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £70,000 results in an estimated price of approximately £75,705.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £70,000 | £5,705 | £75,705 |
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 | 9.500 % | £6,650 | £76,650 |
| 3 Month Average | 12.156 % | £8,509 | £78,509 |
| 6 Month Average | 5.815 % | £4,070 | £74,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £157,329 | £155,000 | 118 EDWARD STREET |
| 8 Aug 2023 | £126,103 | £125,000 | 40 EDWARD STREET |
| 28 Apr 2023 | £126,361 | £125,000 | 32 EDWARD STREET |
| 20 Mar 2023 | £111,046 | £110,000 | 33 EDWARD STREET |
| 24 Feb 2023 | £128,913 | £129,000 | 96 EDWARD STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 3 Jul 2018. Using an estimated price of £75,706 means this house is valued at £1,892 per sq meter (£175 per sq foot).
The average size of a house on EDWARD STREET is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Edward Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Street |
| Apr 2024 | Drugs | Under investigation | On or near Edward Street |
| Apr 2024 | Anti-social behaviour | On or near Edward Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |