£194,150
This estimated value is based upon the latest sale price for the house of £190,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 1 Jun 2022 |
| £163,000 | 30 Aug 2019 |
| £120,000 | 1 Sep 2005 |
| £47,500 | 26 Jan 2001 |
| £38,000 | 10 Mar 1998 |
| £33,000 | 11 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £190,000 results in an estimated price of approximately £194,150.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £190,000 | £4,150 | £194,150 |
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 | 42.685 % | £81,100 | £271,100 |
| 3 Month Average | -6.384 % | £-12,130 | £177,869 |
| 6 Month Average | -4.912 % | £-9,332 | £180,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £118,529 | £117,500 | 4 ALBANY STREET |
| 15 Dec 2023 | £185,706 | £180,000 | 9 WINDMILL VIEW |
| 3 Nov 2023 | £186,740 | £182,000 | 64 MILL ROAD |
| 27 Mar 2023 | £157,632 | £155,000 | 25 WALDECK STREET |
| 10 Mar 2023 | £159,666 | £157,000 | 26 WALDECK STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Sep 2015. Using an estimated price of £194,150 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on MILL ROAD is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Sep 2024 | Anti-social behaviour | On or near Albany Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albany Street |