£94,255
This estimated value is based upon the latest sale price for the house of £57,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £57,000 | 23 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2013 the House Price Index for LINCOLNSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £57,000 results in an estimated price of approximately £94,255.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £57,000 | £37,255 | £94,255 |
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 | 37.661 % | £21,466 | £78,466 |
| 3 Month Average | 49.546 % | £28,241 | £85,241 |
| 6 Month Average | 60.955 % | £34,744 | £91,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £47,500 | £47,500 | 79 NORTON STREET |
| 15 Sep 2023 | £118,515 | £117,000 | 5 COMMERCIAL ROAD |
| 3 Apr 2023 | £133,437 | £132,000 | 20 COMMERCIAL ROAD |
| 15 Feb 2023 | £113,923 | £114,000 | 20 WHARF ROAD |
| 1 Feb 2023 | £119,918 | £119,999 | 76 COMMERCIAL ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Jun 2013. Using an estimated price of £94,255 means this house is valued at £1,273 per sq meter (£118 per sq foot).
The average size of a house on COMMERCIAL ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near William Street |
| Mar 2024 | Other theft | Under investigation | On or near William Street |
| Mar 2024 | Other crime | Under investigation | On or near William Street |
| Jan 2024 | Anti-social behaviour | On or near William Street | |
| Jan 2024 | Anti-social behaviour | On or near William Street |