£92,025
This estimated value is based upon the latest sale price for the house of £58,000 on 21 Jun 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£58,000 | 21 Jun 2007 |
£71,000 | 16 Jun 2006 |
£32,000 | 23 Nov 2001 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 June 2007 the House Price Index for LINCOLNSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £58,000 results in an estimated price of approximately £92,025.
21 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £58,000 | £34,025 | £92,025 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 100.555 % | £58,321 | £116,321 |
3 Month Average | 38.392 % | £22,267 | £80,267 |
6 Month Average | 46.793 % | £27,139 | £85,139 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £128,733 | £127,000 | 7 GEORGE STREET |
26 Apr 2023 | £176,905 | £175,000 | 4 CHURCH MILL CLOSE |
14 Apr 2023 | £161,742 | £160,000 | 2 CHURCH MILL CLOSE |
31 Mar 2023 | £156,474 | £155,000 | 1 CHURCH MILL CLOSE |
24 Jun 2022 | £121,720 | £120,000 | 1 THE CHURCH MILL CAISTOR ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 17 Sep 2018. Using an estimated price of £92,025 means this house is valued at £1,614 per sq meter (£149 per sq foot).
The average size of a house on GEORGE STREET is 120 sq meters (1,295 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Mar 2024 | Shoplifting | Under investigation | On or near George Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
Mar 2024 | Anti-social behaviour | On or near George Street | |
Mar 2024 | Anti-social behaviour | On or near George Street |