£51,322
This estimated value is based upon the latest sale price for the house of £41,500 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Washington Street
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| Price Paid | Date |
|---|---|
| £41,500 | 26 Apr 2019 |
| £57,500 | 22 Feb 2007 |
| £24,000 | 30 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 875 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 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £41,500 results in an estimated price of approximately £51,322.
| 26 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £41,500 | £9,822 | £51,322 |
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 | -16.165 % | £-6,708 | £34,791 |
| 3 Month Average | 22.430 % | £9,308 | £50,808 |
| 6 Month Average | 15.582 % | £6,466 | £47,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £38,571 | £38,000 | 78 SANDSFIELD LANE |
| 8 Nov 2023 | £78,665 | £77,500 | 76 SANDSFIELD LANE |
| 18 Sep 2023 | £46,596 | £46,000 | 73 STANLEY STREET |
| 8 Sep 2023 | £131,684 | £130,000 | 164 SANDSFIELD LANE |
| 14 Aug 2023 | £121,059 | £120,000 | 120 SANDSFIELD LANE |
This house has a floor area of 81 sq meters or 875 sq feet when measured on 6 May 2009. Using an estimated price of £51,322 means this house is valued at £631 per sq meter (£58 per sq foot).
The average size of a house on STANLEY STREET is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Washington Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Washington Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Washington Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Street |
| Mar 2024 | Other crime | Under investigation | On or near Washington Street |