£118,928
This estimated value is based upon the latest sale price for the house of £75,000 on 6 Mar 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 6 Mar 2014 |
| £59,950 | 5 Nov 2001 |
| £42,000 | 21 Dec 1999 |
| £35,750 | 13 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 623 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 March 2014 the House Price Index for LINCOLNSHIRE was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £75,000 results in an estimated price of approximately £118,928.
| 6 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £75,000 | £43,928 | £118,928 |
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 | 69.487 % | £52,115 | £127,115 |
| 3 Month Average | 76.943 % | £57,707 | £132,707 |
| 6 Month Average | 62.967 % | £47,225 | £122,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £375,000 | £375,000 | 19 NORTH PARADE |
| 24 Nov 2023 | £297,553 | £290,000 | 108 NORTH PARADE |
| 14 Aug 2023 | £113,548 | £111,500 | 14 NEW STREET |
| 29 Mar 2023 | £88,478 | £87,000 | FLAT 7 KESTEVEN COURT NEW STREET |
| 13 Mar 2023 | £96,613 | £95,000 | FLAT 12 KESTEVEN COURT NEW STREET |
This house has a floor area of 57 sq meters or 623 sq feet when measured on 3 Oct 2008. Using an estimated price of £118,929 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on NEW STREET is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near North Parade |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Parade |
| Sep 2024 | Drugs | Under investigation | On or near B1174 |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near B1174 |
| Jul 2024 | Anti-social behaviour | On or near B1174 |