£268,163
This estimated value is based upon the latest sale price for the house of £145,000 on 26 May 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 26 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 770 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 May 2009 the House Price Index for LINCOLNSHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £145,000 results in an estimated price of approximately £268,163.
| 26 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £145,000 | £123,163 | £268,163 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 155.512 % | £225,492 | £370,492 |
| 3 Month Average | 59.401 % | £86,132 | £231,132 |
| 6 Month Average | 54.805 % | £79,467 | £224,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £199,130 | £196,450 | 2 DANES COTTAGES |
| 21 Apr 2023 | £636,857 | £630,000 | 36 MICHAELGATE |
| 2 Sep 2022 | £287,677 | £290,000 | 9 STEEP HILL |
| 30 Aug 2022 | £229,383 | £230,000 | 20 MUSEUM COURT |
| 9 Aug 2022 | £398,926 | £400,000 | ST MICHAELS LODGE CHRIST'S HOSPITAL TERRACE |
This house has a floor area of 71 sq meters or 770 sq feet when measured on 15 Apr 2009. Using an estimated price of £268,163 means this house is valued at £3,745 per sq meter (£347 per sq foot).
There is one other house on the street which we know the size of, this is KENTON DANES TERRACE it is 60.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Further investigation is not in the public interest | On or near Danes Terrace |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Neustadt Court |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Well Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Well Lane |