£34,292
This estimated value is based upon the latest sale price for the house of £10,750 on 13 Dec 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £10,750 | 13 Dec 2001 |
| £33,000 | 9 Apr 1998 |
| Terraced |
| Freehold |
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 December 2001 the House Price Index for LINCOLNSHIRE was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £10,750 results in an estimated price of approximately £34,292.
| 13 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 149.7 | 218.999 % | £10,750 | £23,542 | £34,292 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 381.483 % | £41,009 | £51,759 |
| 3 Month Average | 275.934 % | £29,662 | £40,412 |
| 6 Month Average | 269.195 % | £28,938 | £39,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £112,865 | £110,000 | 5 MARLBOROUGH STREET |
| 27 Oct 2023 | £71,627 | £70,000 | 63 TRINITY STREET |
| 18 Aug 2023 | £71,235 | £69,950 | 11 WHEELDON STREET |
| 21 Jun 2023 | £71,426 | £69,995 | 19 MARLBOROUGH STREET |
| 3 Mar 2023 | £61,019 | £60,000 | 1 PROSPECT TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Robbery | Under investigation | On or near Prospect Terrace |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Prospect Terrace |
| May 2024 | Drugs | Awaiting court outcome | On or near Prospect Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Prospect Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Terrace |