£109,859
This estimated value is based upon the latest sale price for the house of £84,500 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£84,500 | 10 Feb 2017 |
£83,000 | 17 Apr 2008 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 February 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £84,500 results in an estimated price of approximately £109,859.
10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £84,500 | £25,359 | £109,859 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 50.298 % | £42,501 | £127,001 |
3 Month Average | 28.564 % | £24,136 | £108,636 |
6 Month Average | 15.321 % | £12,946 | £97,446 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £106,360 | £105,000 | 50 ST ANDREWS STREET |
25 Sep 2023 | £119,427 | £117,900 | 39 KIRKBY STREET |
5 Jun 2023 | £126,533 | £125,000 | 54 THESIGER STREET |
28 Feb 2023 | £133,910 | £134,000 | 106 ST ANDREWS STREET |
27 Jan 2023 | £161,240 | £162,000 | 89 ST ANDREWS STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Dec 2017. Using an estimated price of £109,859 means this house is valued at £1,569 per sq meter (£145 per sq foot).
The average size of a house on KIRKBY STREET is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Place |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancaster Place |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Lancaster Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Place |
Dec 2023 | Anti-social behaviour | On or near Lancaster Place |