£123,476
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Aug 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£72,500 | 28 Aug 2012 |
£45,000 | 22 Sep 2011 |
£47,500 | 7 Jun 2002 |
£25,995 | 27 Sep 1996 |
£26,250 | 25 Apr 1996 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £72,500 results in an estimated price of approximately £123,476.
28 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £72,500 | £50,976 | £123,476 |
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 | 39.117 % | £28,360 | £100,860 |
3 Month Average | 47.328 % | £34,312 | £106,812 |
6 Month Average | 58.882 % | £42,689 | £115,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £115,006 | £114,000 | 26 GEORGE STREET |
5 Apr 2023 | £116,252 | £115,000 | 72 CASTLEGATE |
19 Jan 2023 | £156,762 | £157,500 | 1 GROVE END ROAD |
19 Aug 2022 | £129,651 | £130,000 | THE MOT CENTRE, 71 CASTLEGATE |
20 May 2022 | £109,564 | £107,500 | 6 GEORGE STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 Apr 2012. Using an estimated price of £123,477 means this house is valued at £1,452 per sq meter (£134 per sq foot).
The average size of a house on GEORGE STREET is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near George Street |