£129,374
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Jun 2008. 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 Lewis Street
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Jun 2008 |
| £42,500 | 13 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2008 the House Price Index for LINCOLNSHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £80,000 results in an estimated price of approximately £129,374.
| 27 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £80,000 | £49,374 | £129,374 |
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 | 15.495 % | £12,395 | £92,395 |
| 3 Month Average | 34.180 % | £27,343 | £107,343 |
| 6 Month Average | 24.635 % | £19,707 | £99,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £65,574 | £65,000 | 3 OTTERS BUILDINGS TRINITY STREET |
| 4 Aug 2023 | £67,591 | £67,000 | 1 OTTERS BUILDINGS TRINITY STREET |
| 23 Jan 2023 | £69,672 | £70,000 | 13 LEWIS STREET |
| 20 Jan 2023 | £63,700 | £64,000 | 8 CLEVELAND STREET |
| 14 Jul 2022 | £27,073 | £27,000 | 13 TRINITY STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Mar 2016. Using an estimated price of £129,375 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on FLORENCE TERRACE is 95 sq meters (1,025 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Lewis Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lewis Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lewis Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Colville Terrace |
| Mar 2024 | Public order | Awaiting court outcome | On or near Colville Terrace |