£108,266
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 28 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 June 2013 the House Price Index for LINCOLNSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £65,000 results in an estimated price of approximately £108,266.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £65,000 | £43,266 | £108,266 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 45.994 % | £29,896 | £94,896 |
| 3 Month Average | 36.023 % | £23,415 | £88,415 |
| 6 Month Average | 48.853 % | £31,754 | £96,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £111,349 | £110,000 | 99 NORFOLK STREET |
| 8 Nov 2022 | £207,487 | £210,000 | 1 FRIAR WAY |
| 8 Feb 2022 | £152,061 | £145,000 | 2 HOPE GARDENS |
| 4 Feb 2022 | £115,356 | £110,000 | 50 NORFOLK STREET |
| 3 Dec 2021 | £235,703 | £220,000 | 17 FRIAR WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 5 Dec 2012. Using an estimated price of £108,266 means this house is valued at £2,353 per sq meter (£218 per sq foot).
The average size of a house on NORFOLK STREET is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hope Gardens |
| Feb 2024 | Anti-social behaviour | On or near Hope Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Hope Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Hope Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Hope Gardens |