£216,963
This estimated value is based upon the latest sale price for the house of £46,500 on 19 Aug 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£46,500 | 19 Aug 1998 |
Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 1998 the House Price Index for LINCOLNSHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £46,500 results in an estimated price of approximately £216,963.
19 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £46,500 | £170,463 | £216,963 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 413.161 % | £192,119 | £238,619 |
3 Month Average | 324.326 % | £150,811 | £197,311 |
6 Month Average | 298.540 % | £138,821 | £185,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £193,384 | £190,000 | 88 GEORGE STREET |
15 Nov 2023 | £71,052 | £70,000 | FLAT 3 41 SEACROFT ROAD |
4 Sep 2023 | £232,979 | £230,000 | 80 GEORGE STREET |
28 Jul 2023 | £238,206 | £235,000 | 40 SEACROFT ROAD |
17 Jul 2023 | £162,183 | £160,000 | 58 SEACROFT ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Jun 2019. Using an estimated price of £216,963 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on RIPON PLACE is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Parry Road | |
Feb 2024 | Anti-social behaviour | On or near Parry Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parry Road |
Dec 2023 | Anti-social behaviour | On or near Parry Road | |
Dec 2023 | Anti-social behaviour | On or near Parry Road |