£49,413
This estimated value is based upon the latest sale price for the house of £39,995 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £39,995 | 28 Jun 2019 |
| £54,000 | 19 Dec 2007 |
| £18,000 | 29 Jul 2003 |
| £10,000 | 3 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £39,995 results in an estimated price of approximately £49,413.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £39,995 | £9,418 | £49,413 |
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 | 15.756 % | £6,301 | £46,296 |
| 3 Month Average | 27.224 % | £10,888 | £50,883 |
| 6 Month Average | 23.098 % | £9,238 | £49,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £111,653 | £110,000 | 5 MARLBOROUGH STREET |
| 3 Mar 2023 | £60,571 | £60,000 | 1 PROSPECT TERRACE |
| 3 Feb 2023 | £39,973 | £40,000 | 21 FRAMPTON TERRACE |
| 30 Nov 2022 | £573,059 | £580,000 | FLAT 1 51 TRINITY STREET |
| 15 Jul 2022 | £112,302 | £112,000 | 3 MARLBOROUGH STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Feb 2016. Using an estimated price of £49,413 means this house is valued at £748 per sq meter (£69 per sq foot).
The average size of a house on PORTLAND TERRACE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prospect Terrace |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prospect Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prospect Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Terrace |