£59,923
This estimated value is based upon the latest sale price for the house of £55,000 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£55,000 | 16 Nov 2021 |
£30,000 | 31 Mar 2017 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £55,000 results in an estimated price of approximately £59,923.
16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £55,000 | £4,923 | £59,923 |
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 | 19.573 % | £10,765 | £65,765 |
3 Month Average | -6.140 % | £-3,376 | £51,623 |
6 Month Average | 2.547 % | £1,400 | £56,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £41,217 | £39,950 | 6 SALISBURY STREET |
15 Sep 2023 | £104,810 | £102,500 | 34 WOODS TERRACE |
11 Aug 2023 | £74,850 | £73,500 | 9 SALISBURY STREET |
7 Jun 2023 | £31,634 | £31,000 | 25 BEAUFORT STREET |
24 Mar 2023 | £116,953 | £115,000 | 1 SALISBURY STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Jan 2017. Using an estimated price of £59,924 means this house is valued at £820 per sq meter (£76 per sq foot).
The average size of a house on BEAUFORT STREET is 71 sq meters (769 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Beaufort Street |
Jun 2024 | Anti-social behaviour | On or near Beaufort Street | |
Jun 2024 | Anti-social behaviour | On or near Beaufort Street | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Beaufort Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaufort Street |