£114,898
This estimated value is based upon the latest sale price for the house of £92,950 on 31 May 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,950 | 31 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 May 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £92,950 results in an estimated price of approximately £114,898.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £92,950 | £21,948 | £114,898 |
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 | -6.004 % | £-5,580 | £87,369 |
| 3 Month Average | 20.728 % | £19,266 | £112,216 |
| 6 Month Average | 21.210 % | £19,714 | £112,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £152,254 | £150,000 | 50 BRIDGE END ROAD |
| 21 Aug 2023 | £91,803 | £91,000 | 13 RIVER VIEW MALTINGS |
| 27 Jun 2023 | £146,778 | £145,000 | 1 BRIDGE STREET |
| 2 Jun 2023 | £115,398 | £114,000 | 26 BRIDGE END ROAD |
| 16 Mar 2023 | £131,236 | £130,000 | 30 BRIDGE END ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Jan 2019. Using an estimated price of £114,899 means this house is valued at £2,297 per sq meter (£213 per sq foot).
The average size of a house on RIVER VIEW MALTINGS is 61 sq meters (665 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Bridge Street |
| Feb 2024 | Anti-social behaviour | On or near Bridge Street | |
| Feb 2024 | Anti-social behaviour | On or near Bridge Street | |
| Dec 2023 | Anti-social behaviour | On or near Bridge Street | |
| Dec 2023 | Anti-social behaviour | On or near Bridge Street |