£109,218
This estimated value is based upon the latest sale price for the house of £79,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,000 | 29 Jan 2016 |
| £32,000 | 16 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 January 2016 the House Price Index for LINCOLNSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £79,000 results in an estimated price of approximately £109,218.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £79,000 | £30,218 | £109,218 |
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 | 19.527 % | £15,426 | £94,426 |
| 3 Month Average | 21.638 % | £17,094 | £96,094 |
| 6 Month Average | 26.749 % | £21,131 | £100,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £206,000 | £206,000 | 41 MORTON TERRACE |
| 15 Apr 2024 | £226,971 | £225,000 | 17 MORTON TERRACE |
| 15 Sep 2023 | £145,201 | £142,000 | 40 LINCOLN STREET |
| 3 Mar 2023 | £134,242 | £132,000 | 47 ALFRED STREET |
| 17 Feb 2023 | £129,868 | £129,000 | 56 ALFRED STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 1 Oct 2014. Using an estimated price of £109,219 means this house is valued at £983 per sq meter (£91 per sq foot).
The average size of a house on GARFIELD STREET is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Under investigation | On or near Garfield Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bayard Street |
| Jul 2024 | Other crime | Under investigation | On or near Bayard Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Bayard Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bayard Street |