£62,986
This estimated value is based upon the latest sale price for the house of £52,000 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,000 | 2 Sep 2019 |
| £74,000 | 6 Jan 2017 |
| £80,000 | 11 May 2007 |
| £75,000 | 28 May 2004 |
| £53,000 | 30 Aug 2002 |
| £27,850 | 15 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 551 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 September 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.128%.Applying this 21.128% change to the original purchase price of £52,000 results in an estimated price of approximately £62,986.
| 2 Sep 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.128 % | £52,000 | £10,986 | £62,986 |
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 | 22.852 % | £11,883 | £63,883 |
| 3 Month Average | 21.140 % | £10,992 | £62,992 |
| 6 Month Average | 14.772 % | £7,681 | £59,681 |
This house has a floor area of 51 sq meters or 551 sq feet when measured on 9 Oct 2008.
The average size of a house on ALBERT STREET is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Street |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Albert Street |