£165,678
This estimated value is based upon the latest sale price for the house of £129,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 31 Jul 2017 |
| £19,000 | 22 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £129,000 results in an estimated price of approximately £165,678.
| 31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £129,000 | £36,678 | £165,678 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 2.696 % | £3,477 | £132,477 |
| 3 Month Average | 20.004 % | £25,805 | £154,805 |
| 6 Month Average | 28.558 % | £36,839 | £165,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £133,386 | £130,000 | 41 TOWER CRESCENT |
| 28 Apr 2023 | £124,325 | £122,000 | 7 ROMAN PAVEMENT |
| 9 Mar 2023 | £212,550 | £209,000 | 17 HILLSIDE AVENUE |
| 6 Feb 2023 | £168,123 | £167,000 | 48 HILLSIDE AVENUE |
| 12 Jan 2023 | £187,501 | £187,000 | 18 HILLSIDE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Jan 2020. Using an estimated price of £165,678 means this house is valued at £1,926 per sq meter (£178 per sq foot).
The average size of a house on ROMAN PAVEMENT is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Roman Pavement |