£79,281
This estimated value is based upon the latest sale price for the house of £65,000 on 30 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 30 Jan 2020 |
| £59,000 | 17 Aug 2004 |
| £13,500 | 19 Dec 1996 |
| 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £65,000 results in an estimated price of approximately £79,281.
| 30 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £65,000 | £14,281 | £79,281 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 22.106 % | £14,368 | £79,368 |
| 3 Month Average | 5.128 % | £3,333 | £68,333 |
| 6 Month Average | 14.607 % | £9,494 | £74,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £133,333 | £131,000 | 67 - 69 WEST STREET |
| 30 Nov 2023 | £57,857 | £57,000 | 80 LIQUORPOND STREET |
| 29 Sep 2023 | £69,894 | £69,000 | 26 JAMES STREET |
| 29 Sep 2023 | £96,230 | £95,000 | 46 JAMES STREET |
| 29 Jun 2022 | £107,519 | £106,000 | 22 GEORGE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Mar 2015. Using an estimated price of £79,281 means this house is valued at £1,415 per sq meter (£131 per sq foot).
The average size of a house on GEORGE STREET is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near West Row | |
| Feb 2024 | Anti-social behaviour | On or near West Row | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Row |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |