£168,868
This estimated value is based upon the latest sale price for the house of £30,000 on 21 Aug 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Newland Street West
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| Price Paid | Date |
|---|---|
| £30,000 | 21 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 1995 the House Price Index for LINCOLNSHIRE was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 462.894%.Applying this 462.894% change to the original purchase price of £30,000 results in an estimated price of approximately £168,868.
| 21 Aug 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 462.894 % | £30,000 | £138,868 | £168,868 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 255.585 % | £76,675 | £106,675 |
| 3 Month Average | 410.923 % | £123,276 | £153,276 |
| 6 Month Average | 439.381 % | £131,814 | £161,814 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Jan 2019.
The average size of a house on NEWLAND STREET WEST is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newland Street West | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newland Street West |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newland Street West |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newland Street West |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Street |