£421,125
This estimated value is based upon the latest sale price for the house of £420,000 on 25 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 25 Jan 2023 |
| £265,000 | 3 Jun 2016 |
| £225,000 | 19 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 January 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £420,000 results in an estimated price of approximately £421,125.
| 25 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £420,000 | £1,125 | £421,125 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | -2.252 % | £-9,458 | £410,541 |
| 3 Month Average | 8.460 % | £35,530 | £455,530 |
| 6 Month Average | -3.758 % | £-15,783 | £404,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £272,365 | £270,000 | 2A ST EDMUNDS ROAD |
| 27 Oct 2023 | £250,694 | £245,000 | 42 VICTORIA AVENUE |
| 3 Aug 2023 | £977,633 | £960,000 | 73 LONDON ROAD |
| 25 Jan 2023 | £421,125 | £420,000 | 68 LONDON ROAD |
| 11 Apr 2022 | £238,607 | £230,000 | 1 BRIDLE CLOSE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 3 Mar 2016. Using an estimated price of £421,125 means this house is valued at £2,406 per sq meter (£223 per sq foot).
The average size of a house on LONDON ROAD is 168 sq meters (1,815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Edmunds Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near St Edmunds Road |
| Jul 2024 | Public order | Under investigation | On or near St Edmunds Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ickworth Road |