£63,800
This estimated value is based upon the latest sale price for the house of £17,000 on 16 Jun 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £17,000 | 16 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2000 the House Price Index for LINCOLNSHIRE was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £17,000 results in an estimated price of approximately £63,800.
| 16 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £17,000 | £46,800 | £63,800 |
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 | 277.217 % | £47,126 | £64,126 |
| 3 Month Average | 276.672 % | £47,034 | £64,034 |
| 6 Month Average | 282.266 % | £47,985 | £64,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £105,563 | £104,000 | 155 NEWARK ROAD |
| 29 Sep 2023 | £100,282 | £99,000 | 23 BOUNDARY STREET |
| 14 Oct 2022 | £120,206 | £121,500 | 19 RUSSELL STREET |
| 2 Sep 2022 | £114,079 | £115,000 | 16 RUSSELL STREET |
| 29 Jul 2022 | £99,267 | £99,000 | 191A NEWARK ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Apr 2018. Using an estimated price of £63,801 means this house is valued at £1,139 per sq meter (£105 per sq foot).
The average size of a house on RUSSELL STREET is 70 sq meters (758 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Street |
| Dec 2023 | Anti-social behaviour | On or near Russell Street | |
| Dec 2023 | Anti-social behaviour | On or near Russell Street | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Street |