£211,572
This estimated value is based upon the latest sale price for the house of £149,950 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 21 Aug 2015 |
| £117,000 | 16 Jan 2004 |
| £58,500 | 9 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 August 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £149,950 results in an estimated price of approximately £211,572.
| 21 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £149,950 | £61,622 | £211,572 |
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 | 42.942 % | £64,392 | £214,342 |
| 3 Month Average | 33.321 % | £49,965 | £199,915 |
| 6 Month Average | 33.552 % | £50,311 | £200,261 |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 22 May 2015.
The average size of a house on WEST BANKS is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castle Terrace Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castle Terrace Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alexandra Square |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alexandra Square |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Square |