£163,199
This estimated value is based upon the latest sale price for the house of £109,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £109,000 | 28 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £109,000 results in an estimated price of approximately £163,199.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £109,000 | £54,199 | £163,199 |
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 | 35.560 % | £38,760 | £147,760 |
| 3 Month Average | 31.502 % | £34,337 | £143,337 |
| 6 Month Average | 39.868 % | £43,456 | £152,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £160,046 | £158,000 | 6 ELIZABETH COURT |
| 25 Sep 2023 | £172,202 | £170,000 | 10 LORD STREET |
| 15 Sep 2023 | £299,834 | £296,000 | 56 GRANTHAM ROAD |
| 18 Nov 2022 | £172,906 | £175,000 | 11 GRANTHAM ROAD |
| 20 May 2022 | £153,900 | £151,000 | 14 THE CREAMERY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Sep 2018. Using an estimated price of £163,199 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on THE CREAMERY is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Lord Street |
| Dec 2023 | Anti-social behaviour | On or near Lord Street | |
| Dec 2023 | Anti-social behaviour | On or near Lord Street | |
| Dec 2023 | Anti-social behaviour | On or near Lord Street | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lord Street |