£102,523
This estimated value is based upon the latest sale price for the house of £62,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,000 | 30 Aug 2013 |
| £65,000 | 14 Nov 2011 |
| £46,000 | 5 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2013 the House Price Index for LINCOLNSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £62,000 results in an estimated price of approximately £102,523.
| 30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £62,000 | £40,523 | £102,523 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 37.661 % | £23,349 | £85,349 |
| 3 Month Average | 49.546 % | £30,718 | £92,718 |
| 6 Month Average | 60.955 % | £37,792 | £99,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £109,980 | £108,500 | 75 BREWERY HILL |
| 3 Mar 2023 | £86,818 | £86,000 | 65 BREWERY HILL |
| 18 Nov 2022 | £424,854 | £430,000 | WOODLINES COMMERCIAL ROAD |
| 17 Nov 2022 | £103,743 | £105,000 | 41 NORTON STREET |
| 6 Oct 2022 | £227,550 | £230,000 | LAUNDER HOUSE LAUNDER TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Jul 2021. Using an estimated price of £102,523 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on COMMERCIAL ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Commercial Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Commercial Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fletcher Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fletcher Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fletcher Street |