£103,085
This estimated value is based upon the latest sale price for the house of £82,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,000 | 6 Dec 2017 |
| £78,000 | 10 Jul 2017 |
| £58,500 | 6 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2017 the House Price Index for LINCOLNSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £82,000 results in an estimated price of approximately £103,085.
| 6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £82,000 | £21,085 | £103,085 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | -0.455 % | £-372 | £81,627 |
| 3 Month Average | 34.077 % | £27,943 | £109,943 |
| 6 Month Average | 5.586 % | £4,580 | £86,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £75,318 | £74,000 | 9 PASTURE ROAD |
| 6 Apr 2023 | £68,740 | £68,000 | 39 ELSHAM WALK |
| 1 Jun 2022 | £84,190 | £83,000 | 13 RICHMOND ROAD |
| 20 May 2022 | £56,056 | £55,000 | 20 BAINES ROAD |
| 21 Apr 2022 | £142,112 | £138,000 | 4 HEAPHAM CRESCENT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 May 2012. Using an estimated price of £103,086 means this house is valued at £1,145 per sq meter (£106 per sq foot).
The average size of a house on ELSHAM WALK is 93 sq meters (1,004 sq feet).