£169,415
This estimated value is based upon the latest sale price for the house of £108,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 4 Apr 2014 |
| £128,500 | 26 Oct 2007 |
| £114,000 | 10 Jan 2006 |
| £35,000 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £108,000 results in an estimated price of approximately £169,415.
| 4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £108,000 | £61,415 | £169,415 |
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 | 39.555 % | £42,719 | £150,719 |
| 3 Month Average | 44.106 % | £47,634 | £155,634 |
| 6 Month Average | 45.483 % | £49,121 | £157,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £143,254 | £140,000 | 3 GRAY STREET |
| 15 Jun 2023 | £188,783 | £185,000 | 11 GRAY STREET |
| 31 Mar 2023 | £208,482 | £205,000 | 3B NAAM PLACE |
| 23 Mar 2023 | £272,552 | £268,000 | 79A BURTON ROAD |
| 10 Mar 2023 | £274,586 | £270,000 | 88 RASEN LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Oct 2014. Using an estimated price of £169,416 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Supermarket | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Anti-social behaviour | On or near Supermarket | |
| Aug 2024 | Anti-social behaviour | On or near Supermarket |