£168,041
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 7 Apr 2017 |
| £84,000 | 5 Jan 2015 |
| £97,000 | 29 Jul 2004 |
| £26,000 | 30 Aug 1996 |
| 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 April 2017 the House Price Index for LINCOLNSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £130,000 results in an estimated price of approximately £168,041.
| 7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £130,000 | £38,041 | £168,041 |
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 | 30.763 % | £39,992 | £169,992 |
| 3 Month Average | 23.640 % | £30,732 | £160,732 |
| 6 Month Average | 26.325 % | £34,223 | £164,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £129,771 | £127,500 | 22 RHODES AVENUE |
| 25 Sep 2023 | £172,202 | £170,000 | 10 LORD STREET |
| 15 Sep 2023 | £299,834 | £296,000 | 56 GRANTHAM ROAD |
| 1 Aug 2023 | £141,236 | £140,000 | 7 RHODES AVENUE |
| 17 Feb 2023 | £112,924 | £113,000 | 24 RHODES AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Sep 2014. Using an estimated price of £168,041 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on KING EDWARD STREET is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Spriggs Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bourne Close |
| Feb 2024 | Drugs | Under investigation | On or near Lord Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lord Street |
| Dec 2023 | Anti-social behaviour | On or near Lord Street |