£53,284
This estimated value is based upon the latest sale price for the house of £44,000 on 23 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £44,000 | 23 Jun 2020 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £44,000 results in an estimated price of approximately £53,284.
| 23 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £44,000 | £9,284 | £53,284 |
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 | 0.936 % | £411 | £44,411 |
| 3 Month Average | 43.849 % | £19,293 | £63,293 |
| 6 Month Average | 22.485 % | £9,893 | £53,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £197,930 | £195,000 | 80 LEA ROAD |
| 15 Sep 2023 | £78,504 | £77,500 | 29 CROMWELL STREET |
| 28 Apr 2023 | £101,088 | £100,000 | 14 WINTERN COURT LEA ROAD |
| 19 Aug 2022 | £122,670 | £123,000 | 91 LEA ROAD |
| 5 Aug 2022 | £109,705 | £110,000 | 167 LEA ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Jan 2020. Using an estimated price of £53,285 means this house is valued at £750 per sq meter (£69 per sq foot).
The average size of a house on LEA PLACE is 75 sq meters (812 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bacon Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bacon Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bacon Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Cromwell Street |
| Feb 2024 | Possession of weapons | Under investigation | On or near Cromwell Street |