£278,785
This estimated value is based upon the latest sale price for the house of £64,950 on 4 Aug 1999. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£64,950 | 4 Aug 1999 |
Terraced |
Freehold |
Floor Area: 155 sq meters or 1,674 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 1999 the House Price Index for LINCOLNSHIRE was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £64,950 results in an estimated price of approximately £278,785.
4 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 148.6 | 329.231 % | £64,950 | £213,835 | £278,785 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 559.993 % | £363,715 | £428,665 |
3 Month Average | 286.070 % | £185,802 | £250,752 |
6 Month Average | 292.152 % | £189,752 | £254,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £200,564 | £198,000 | 22 SPRING STREET |
5 Apr 2023 | £111,197 | £110,000 | 7A PRIORY ROAD |
22 Mar 2023 | £418,947 | £415,000 | 27 SPRING GARDENS |
27 Feb 2023 | £199,866 | £200,000 | 8 SPRING GARDENS |
16 Feb 2023 | £219,852 | £220,000 | 6 SPRING GARDENS |
This house has a floor area of 155 sq meters or 1,674 sq feet when measured on 29 Aug 2010. Using an estimated price of £278,786 means this house is valued at £1,791 per sq meter (£166 per sq foot).
The average size of a house on SPRING STREET is 82 sq meters (884 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Street |
Jan 2024 | Drugs | Awaiting court outcome | On or near Spring Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Street |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Spring Street |
Dec 2023 | Anti-social behaviour | On or near Spring Street |