£83,626
This estimated value is based upon the latest sale price for the house of £41,500 on 10 May 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£41,500 | 10 May 2004 |
£41,500 | 10 May 2004 |
£7,500 | 16 Aug 2000 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2004 the House Price Index for LINCOLNSHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £41,500 results in an estimated price of approximately £83,626.
10 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £41,500 | £42,126 | £83,626 |
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 | 39.074 % | £16,215 | £57,715 |
3 Month Average | 76.655 % | £31,811 | £73,311 |
6 Month Average | 68.934 % | £28,607 | £70,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £59,642 | £59,000 | 26 CLINTON TERRACE |
19 Apr 2023 | £45,490 | £45,000 | 9 LINDEN TERRACE |
28 Mar 2023 | £83,739 | £82,950 | 44 PILLARD HOUSE LANE |
3 Feb 2023 | £44,970 | £45,000 | 28 LINDEN TERRACE |
19 Jan 2023 | £37,822 | £38,000 | 40 LINDEN TERRACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Aug 2020. Using an estimated price of £83,627 means this house is valued at £1,145 per sq meter (£106 per sq foot).
The average size of a house on CLINTON TERRACE is 73 sq meters (787 sq feet).