£76,982
This estimated value is based upon the latest sale price for the house of £22,000 on 15 Mar 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£22,000 | 15 Mar 2001 |
£25,000 | 16 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2001 the House Price Index for LINCOLNSHIRE was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £22,000 results in an estimated price of approximately £76,982.
15 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 148.6 | 249.920 % | £22,000 | £54,982 | £76,982 |
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 | 348.359 % | £76,638 | £98,638 |
3 Month Average | 232.822 % | £51,220 | £73,220 |
6 Month Average | 199.178 % | £43,819 | £65,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £258,832 | £255,000 | 6 DYMOKE CLOSE |
4 Aug 2023 | £262,295 | £260,000 | 123 VICTORIA ROAD |
21 Jul 2023 | £152,046 | £150,000 | CRANBOURNE SEAHOLME ROAD |
2 Jun 2023 | £106,287 | £105,000 | 65 VICTORIA ROAD |
5 Apr 2023 | £80,871 | £80,000 | UNITS 1 AND, 2 KING STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 13 May 2019. Using an estimated price of £76,982 means this house is valued at £1,539 per sq meter (£143 per sq foot).
The average size of a house on SEAHOLME ROAD is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Dymoke Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Dymoke Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Dymoke Road |