£69,671
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£70,000 | 20 Jan 2023 |
£34,000 | 6 Feb 2013 |
£14,000 | 26 Jun 1998 |
£13,500 | 6 Feb 1996 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £70,000 results in an estimated price of approximately £69,671.
20 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £70,000 | £-328 | £69,671 |
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 | -20.463 % | £-14,323 | £55,676 |
3 Month Average | -24.529 % | £-17,169 | £52,830 |
6 Month Average | -3.816 % | £-2,671 | £67,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £66,666 | £65,500 | 60 TRENT STREET |
18 Apr 2023 | £71,773 | £71,000 | 32 TRENT STREET |
23 Mar 2023 | £3,595,154 | £3,561,283 | BRIDGE FILLING STATION BRIDGE ROAD |
1 Mar 2023 | £51,485 | £51,000 | 9 TRENT STREET |
26 Jan 2023 | £69,672 | £70,000 | 34 TRENT STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Jan 2013. Using an estimated price of £69,672 means this house is valued at £696 per sq meter (£64 per sq foot).
The average size of a house on TRENT STREET is 95 sq meters (1,025 sq feet).