£3,505
This estimated value is based upon the latest sale price for the house of £2,750 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £2,750 | 20 Jul 2017 |
| Freehold |
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 July 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £2,750 results in an estimated price of approximately £3,505.
| 20 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £2,750 | £755 | £3,505 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 17.822 % | £490 | £3,240 |
| 3 Month Average | 44.758 % | £1,230 | £3,980 |
| 6 Month Average | 31.220 % | £858 | £3,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £133,165 | £132,000 | 46 JAMES STREET |
| 14 Jul 2023 | £296,795 | £292,800 | 113 - 115 EASTGATE |
| 21 Apr 2023 | £126,361 | £125,000 | 3 WELLINGTON MEWS |
| 18 Nov 2022 | £153,145 | £155,000 | 117 EASTGATE |
| 15 Jul 2022 | £120,324 | £120,000 | 22 JAMES STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |