£82,032
This estimated value is based upon the latest sale price for the house of £24,500 on 8 Jun 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £24,500 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 707 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 June 2001 the House Price Index for LINCOLNSHIRE was 43.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 234.828%.Applying this 234.828% change to the original purchase price of £24,500 results in an estimated price of approximately £82,032.
| 8 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £24,500 | £57,532 | £82,032 |
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 | 257.175 % | £63,007 | £87,507 |
| 3 Month Average | 212.598 % | £52,086 | £76,586 |
| 6 Month Average | 217.339 % | £53,248 | £77,748 |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 29 Mar 2011.
The average size of a house on WEST BANKS is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |