£1,986,568
This estimated value is based upon the latest sale price for the house of £1,515,000 on 23 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £1,515,000 | 23 Dec 2016 |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £1,515,000 results in an estimated price of approximately £1,986,568.
| 23 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £1,515,000 | £471,568 | £1,986,568 |
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 | 3.983 % | £60,347 | £1,575,347 |
| 3 Month Average | 34.297 % | £519,597 | £2,034,597 |
| 6 Month Average | 39.786 % | £602,762 | £2,117,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £254,452 | £250,000 | 40 - 41 ST PETERS HILL |
| 22 Sep 2023 | £182,331 | £180,000 | 9 CASTLEGATE |
| 15 Sep 2023 | £118,515 | £117,000 | 5 COMMERCIAL ROAD |
| 5 Jul 2023 | £547,367 | £540,000 | 6 - 7 ST PETERS HILL |
| 5 Apr 2023 | £116,252 | £115,000 | 72 CASTLEGATE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Aug 2014. Using an estimated price of £1,986,569 means this house is valued at £18,225 per sq meter (£1,693 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near B1174 |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near B1174 |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1174 |
| Mar 2024 | Shoplifting | Under investigation | On or near B1174 |
| Mar 2024 | Public order | Under investigation | On or near B1174 |