£103,513
This estimated value is based upon the latest sale price for the house of £84,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,000 | 12 Oct 2018 |
| £81,500 | 24 Jul 2015 |
| £66,250 | 9 Oct 2009 |
| £36,000 | 2 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 466 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 October 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £84,000 results in an estimated price of approximately £103,513.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £84,000 | £19,513 | £103,513 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 7.666 % | £6,439 | £90,439 |
| 3 Month Average | 33.425 % | £28,076 | £112,076 |
| 6 Month Average | 35.538 % | £29,851 | £113,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £124,682 | £122,500 | 58 FOUNDRY STREET |
| 17 Nov 2023 | £103,533 | £102,000 | 78 FOUNDRY STREET |
| 8 Sep 2023 | £286,665 | £283,000 | 6E QUEEN STREET |
| 24 Jul 2023 | £233,138 | £230,000 | 14 CROFT STREET |
| 10 Mar 2023 | £100,951 | £100,000 | 8 PARADISE ROW |
This house has a floor area of 43 sq meters or 466 sq feet when measured on 5 Jul 2009. Using an estimated price of £103,514 means this house is valued at £2,387 per sq meter (£221 per sq foot).
The average size of a house on QUEEN STREET is 113 sq meters (1,226 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hamerton Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hamerton Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamerton Lane |
| Jan 2024 | Anti-social behaviour | On or near Hamerton Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gas Street |