£112,880
This estimated value is based upon the latest sale price for the house of £92,000 on 16 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 16 Sep 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 September 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £92,000 results in an estimated price of approximately £112,880.
| 16 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £92,000 | £20,880 | £112,880 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 49.918 % | £45,924 | £137,924 |
| 3 Month Average | 24.220 % | £22,282 | £114,282 |
| 6 Month Average | 4.118 % | £3,788 | £95,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £119,528 | £118,000 | 6 FAIRFAX STREET |
| 14 Apr 2023 | £205,210 | £203,000 | 64 WILLOW TREE CLOSE |
| 6 Jan 2023 | £144,320 | £145,000 | 21 FAIRFAX STREET |
| 21 Oct 2022 | £89,041 | £90,000 | 74 FAIRFAX STREET |
| 9 Aug 2022 | £97,238 | £97,500 | 92 WITHAM VIEW FAIRFAX STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 May 2017. Using an estimated price of £112,881 means this house is valued at £1,946 per sq meter (£180 per sq foot).
The average size of a house on FAIRFAX STREET is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Fairfax Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Park Lane |