£171,511
This estimated value is based upon the latest sale price for the house of £60,000 on 10 Jun 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 10 Jun 2002 |
£35,000 | 12 Apr 1999 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 626 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 2002 the House Price Index for LINCOLNSHIRE was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £60,000 results in an estimated price of approximately £171,511.
10 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 148.6 | 185.852 % | £60,000 | £111,511 | £171,511 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 115.999 % | £69,599 | £129,599 |
3 Month Average | 123.429 % | £74,057 | £134,057 |
6 Month Average | 156.456 % | £93,873 | £153,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £183,205 | £180,000 | 10 ALLISON STREET |
14 Jul 2023 | £139,883 | £138,000 | 21 ALLISON STREET |
16 Jun 2023 | £114,386 | £113,000 | 23 ALLISON STREET |
6 Apr 2023 | £136,469 | £135,000 | 7 ALLISON STREET |
6 Apr 2023 | £71,773 | £71,000 | 29 WELLINGTON STREET |
This house has a floor area of 58 sq meters or 626 sq feet when measured on 11 Nov 2010. Using an estimated price of £171,511 means this house is valued at £2,946 per sq meter (£273 per sq foot).
The average size of a house on GRESHAM STREET is 90 sq meters (976 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (626 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Wellington Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gresham Street |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Gresham Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Gresham Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allison Place |