£51,792
This estimated value is based upon the latest sale price for the house of £35,250 on 16 Apr 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£35,250 | 16 Apr 2015 |
£33,000 | 14 Oct 2014 |
£9,750 | 19 Jan 2001 |
£12,500 | 15 Feb 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 617 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 April 2015 the House Price Index for LINCOLNSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £35,250 results in an estimated price of approximately £51,792.
16 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £35,250 | £16,542 | £51,792 |
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 | -10.503 % | £-3,702 | £31,547 |
3 Month Average | 27.116 % | £9,558 | £44,808 |
6 Month Average | 28.205 % | £9,942 | £45,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £46,406 | £46,000 | 1 THORNDIKE COURT KING STREET |
21 Apr 2023 | £59,642 | £59,000 | 26 CLINTON TERRACE |
19 Apr 2023 | £45,490 | £45,000 | 9 LINDEN TERRACE |
3 Feb 2023 | £44,970 | £45,000 | 28 LINDEN TERRACE |
19 Jan 2023 | £37,822 | £38,000 | 40 LINDEN TERRACE |
This house has a floor area of 57 sq meters or 617 sq feet when measured on 12 Nov 2010. Using an estimated price of £51,793 means this house is valued at £902 per sq meter (£83 per sq foot).
The average size of a house on PORTLAND TERRACE is 71 sq meters (771 sq feet).