£191,486
This estimated value is based upon the latest sale price for the house of £180,000 on 14 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £180,000 | 14 Sep 2021 |
| £164,500 | 10 Sep 2010 |
| £159,000 | 28 Mar 2006 |
| Freehold |
| Floor Area: 47 sq meters or 505 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £180,000 results in an estimated price of approximately £191,486.
| 14 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £180,000 | £11,486 | £191,486 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -34.394 % | £-61,909 | £118,090 |
| 3 Month Average | -4.332 % | £-7,797 | £172,202 |
| 6 Month Average | -19.451 % | £-35,011 | £144,988 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Dec 2021.
The average size of a house on NEWLAND is 240 sq meters (2,583 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Theft from the person | Awaiting court outcome | On or near Parking Area |