£143,792
This estimated value is based upon the latest sale price for the house of £108,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 4 Aug 2016 |
| £95,000 | 1 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £108,000 results in an estimated price of approximately £143,792.
| 4 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £108,000 | £35,792 | £143,792 |
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 | 62.297 % | £67,280 | £175,280 |
| 3 Month Average | 18.632 % | £20,122 | £128,122 |
| 6 Month Average | 23.863 % | £25,771 | £133,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £139,883 | £138,000 | 56 CROMWELL STREET |
| 17 Mar 2023 | £131,236 | £130,000 | 177 WINN STREET |
| 20 Jan 2023 | £134,367 | £135,000 | 143 WINN STREET |
| 21 Oct 2022 | £163,242 | £165,000 | 55 CROMWELL STREET |
| 9 May 2022 | £167,150 | £164,000 | 4 EASTBOURNE STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jul 2014. Using an estimated price of £143,792 means this house is valued at £1,382 per sq meter (£128 per sq foot).
The average size of a house on EASTBOURNE STREET is 115 sq meters (1,248 sq feet).