£115,127
This estimated value is based upon the latest sale price for the house of £68,000 on 19 Nov 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £68,000 | 19 Nov 2010 |
| £36,600 | 25 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 554 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 November 2010 the House Price Index for LINCOLNSHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £68,000 results in an estimated price of approximately £115,127.
| 19 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £68,000 | £47,127 | £115,127 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | 101.641 % | £69,116 | £137,116 |
| 3 Month Average | 76.028 % | £51,698 | £119,698 |
| 6 Month Average | 55.511 % | £37,747 | £105,747 |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 23 Sep 2009.
The average size of a house on SIMPSON STREET is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Simpson Street |
| Jan 2024 | Drugs | Offender given a caution | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old School Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old School Mews |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Old School Mews |