£67,242
This estimated value is based upon the latest sale price for the house of £58,000 on 12 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£58,000 | 12 Nov 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £58,000 results in an estimated price of approximately £67,242.
12 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £58,000 | £9,242 | £67,242 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 100.948 % | £58,549 | £116,549 |
3 Month Average | 25.388 % | £14,724 | £72,724 |
6 Month Average | 24.397 % | £14,150 | £72,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £110,971 | £110,000 | 15 UNION STREET |
5 Apr 2023 | £49,533 | £49,000 | 23 UNION STREET |
10 Jun 2022 | £139,978 | £138,000 | 44 UNION STREET |
20 May 2022 | £64,719 | £63,500 | FLAT D HARTLEY HOUSE UNION STREET |
29 Apr 2022 | £85,473 | £83,000 | THE OLD MAIL OFFICE WAVERLEY COURT QUEEN STREET |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 31 Aug 2017. Using an estimated price of £67,243 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on UNION STREET is 82 sq meters (886 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Anti-social behaviour | On or near Parking Area | |
Dec 2023 | Anti-social behaviour | On or near Parking Area | |
Dec 2023 | Anti-social behaviour | On or near Parking Area | |
Dec 2023 | Anti-social behaviour | On or near Parking Area |