£85,342
This estimated value is based upon the latest sale price for the house of £68,000 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £68,000 | 24 Jan 2018 |
| £60,000 | 8 Dec 2003 |
| £25,950 | 7 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2018 the House Price Index for LINCOLNSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £68,000 results in an estimated price of approximately £85,342.
| 24 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £68,000 | £17,342 | £85,342 |
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 | 10.306 % | £7,008 | £75,008 |
| 3 Month Average | 6.709 % | £4,562 | £72,562 |
| 6 Month Average | 15.626 % | £10,625 | £78,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £117,048 | £115,000 | 10 DUKE STREET |
| 16 Aug 2023 | £80,706 | £80,000 | 55 KING STREET |
| 19 Jul 2023 | £86,160 | £85,000 | 23 BROADFIELD STREET |
| 12 Aug 2022 | £59,839 | £60,000 | 13 BROADFIELD STREET |
| 8 Jul 2022 | £65,175 | £65,000 | 42 KING STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Oct 2018. Using an estimated price of £85,343 means this house is valued at £1,471 per sq meter (£136 per sq foot).
The average size of a house on BROADFIELD STREET is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Broadfield Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broadfield Street |
| Mar 2024 | Anti-social behaviour | On or near Broadfield Street | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Broadfield Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Broadfield Street |