£196,933
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Feb 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Feb 2007 |
| £104,000 | 19 Dec 2003 |
| £42,000 | 29 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 2007 the House Price Index for LINCOLNSHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £120,000 results in an estimated price of approximately £196,933.
| 12 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £120,000 | £76,933 | £196,933 |
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 | 43.956 % | £52,747 | £172,747 |
| 3 Month Average | 44.251 % | £53,100 | £173,100 |
| 6 Month Average | 50.514 % | £60,617 | £180,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £272,552 | £268,000 | 79A BURTON ROAD |
| 1 Jul 2022 | £87,544 | £86,667 | 137 BURTON ROAD |
| 24 Jun 2022 | £189,041 | £185,000 | 41 MILL ROAD |
| 14 Jan 2022 | £212,570 | £200,500 | 33 MILL ROAD |
| 14 Oct 2021 | £206,214 | £185,000 | 3 TURNER STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 May 2017. Using an estimated price of £196,934 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |