£39,657
This estimated value is based upon the latest sale price for the house of £8,500 on 14 Oct 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£8,500 | 14 Oct 1998 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 October 1998 the House Price Index for LINCOLNSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £8,500 results in an estimated price of approximately £39,657.
14 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.555 % | £8,500 | £31,157 | £39,657 |
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 | 370.220 % | £31,468 | £39,968 |
3 Month Average | 292.298 % | £24,845 | £33,345 |
6 Month Average | 293.810 % | £24,973 | £33,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £29,674 | £29,000 | 32 BRITANNIA TERRACE |
18 Aug 2023 | £71,235 | £69,950 | 11 WHEELDON STREET |
4 Aug 2023 | £68,231 | £67,000 | 1 OTTERS BUILDINGS TRINITY STREET |
4 Aug 2023 | £66,194 | £65,000 | 3 OTTERS BUILDINGS TRINITY STREET |
4 Aug 2023 | £67,721 | £66,500 | 5 OTTERS BUILDINGS TRINITY STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Sep 2019. Using an estimated price of £39,657 means this house is valued at £550 per sq meter (£51 per sq foot).
The average size of a house on BRITANNIA TERRACE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Britannia Terrace | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Britannia Terrace |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Britannia Terrace |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Britannia Terrace |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Britannia Terrace |