£165,796
This estimated value is based upon the latest sale price for the house of £70,000 on 19 May 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 19 May 2003 |
| £69,000 | 22 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2003 the House Price Index for LINCOLNSHIRE was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £70,000 results in an estimated price of approximately £165,796.
| 19 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £70,000 | £95,796 | £165,796 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 258.597 % | £181,018 | £251,018 |
| 3 Month Average | 129.432 % | £90,602 | £160,602 |
| 6 Month Average | 123.176 % | £86,222 | £156,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £156,687 | £155,000 | 163 NEWPORT |
| 1 Feb 2023 | £304,795 | £305,000 | 3A ST JOHNS ROAD |
| 11 May 2022 | £343,981 | £337,500 | 92 BROADWAY |
| 21 Mar 2022 | £142,486 | £137,500 | 19 AVALON COURT NEWPORT |
| 7 Mar 2022 | £300,516 | £290,000 | 82 BROADWAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 23 Sep 2015. Using an estimated price of £165,796 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on BROADWAY is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |