£154,487
This estimated value is based upon the latest sale price for the house of £51,824 on 8 Mar 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £51,824 | 8 Mar 2002 |
| £45,000 | 13 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 March 2002 the House Price Index for LINCOLNSHIRE was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £51,824 results in an estimated price of approximately £154,487.
| 8 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £51,824 | £102,663 | £154,487 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 196.149 % | £101,652 | £153,476 |
| 3 Month Average | 178.883 % | £92,704 | £144,528 |
| 6 Month Average | 195.324 % | £101,224 | £153,048 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 3 Feb 2017.
The average size of a house on NEWARK ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near A1434 | |
| Feb 2024 | Anti-social behaviour | On or near A1434 | |
| Feb 2024 | Anti-social behaviour | On or near A1434 | |
| Mar 2024 | Shoplifting | Under investigation | On or near Stanley Street |
| Mar 2024 | Anti-social behaviour | On or near Stanley Street |