£144,921
This estimated value is based upon the latest sale price for the house of £84,500 on 27 Feb 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,500 | 27 Feb 2012 |
| £53,000 | 30 Apr 2003 |
| £30,000 | 20 Dec 2001 |
| £34,250 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 February 2012 the House Price Index for LINCOLNSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £84,500 results in an estimated price of approximately £144,921.
| 27 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £84,500 | £60,421 | £144,921 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 71.129 % | £60,103 | £144,603 |
| 3 Month Average | 59.717 % | £50,460 | £134,960 |
| 6 Month Average | 62.820 % | £53,082 | £137,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £93,885 | £93,000 | FLAT 2 LAUNDON HOUSE, 17 EASTGATE |
| 31 Jan 2023 | £134,367 | £135,000 | THE OLD FORGE, 1B EASTGATE |
| 7 Jan 2023 | £149,297 | £150,000 | 5A EASTGATE |
| 25 Oct 2022 | £82,858 | £83,750 | 7 THE FOLLY EASTGATE |
| 19 Aug 2022 | £274,262 | £275,000 | 4 KESTEVEN STREET |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 24 Sep 2011. Using an estimated price of £144,921 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on DUKE STREET is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Duke Street | |
| Feb 2024 | Anti-social behaviour | On or near Duke Street | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Ashfield Road |
| Mar 2024 | Anti-social behaviour | On or near Ashfield Road | |
| Mar 2024 | Anti-social behaviour | On or near Ashfield Road |