£306,039
This estimated value is based upon the latest sale price for the house of £295,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 20 Apr 2022 |
| £149,950 | 6 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 April 2022 the House Price Index for LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £295,000 results in an estimated price of approximately £306,039.
| 20 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £295,000 | £11,039 | £306,039 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | 7.580 % | £22,361 | £317,361 |
| 3 Month Average | -10.315 % | £-30,429 | £264,570 |
| 6 Month Average | -0.233 % | £-688 | £294,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £235,990 | £230,000 | 26 - 28 MARKET STREET |
| 20 Oct 2023 | £104,370 | £102,000 | 30 REYNARD STREET |
| 31 Mar 2023 | £152,548 | £150,000 | OLD TOWN HALL HIGH STREET |
| 10 Feb 2023 | £140,941 | £140,000 | NATIONAL FARMERS UNION HIGH STREET |
| 20 Apr 2022 | £306,039 | £295,000 | 24 MARKET STREET |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 1 Oct 2012. Using an estimated price of £306,039 means this house is valued at £1,553 per sq meter (£144 per sq foot).
There is one other house on the street which we know the size of, this is NELSON MEWS MARKET STREET it is 112.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Simpson Street |
| Jul 2024 | Anti-social behaviour | On or near Queen Street |