£111,901
This estimated value is based upon the latest sale price for the house of £70,000 on 15 Apr 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£70,000 | 15 Apr 2008 |
£53,000 | 12 Jan 2001 |
Terraced |
Freehold |
Floor Area: 152 sq meters or 1,636 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 April 2008 the House Price Index for LINCOLNSHIRE was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £70,000 results in an estimated price of approximately £111,901.
15 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £70,000 | £41,901 | £111,901 |
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 | 83.473 % | £58,430 | £128,430 |
3 Month Average | 71.978 % | £50,384 | £120,384 |
6 Month Average | 61.573 % | £43,100 | £113,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £250,000 | £250,000 | 122A MONKS ROAD |
24 Nov 2023 | £117,995 | £115,000 | 31 COLEBY STREET |
31 Aug 2023 | £122,204 | £120,000 | 53 OAKFIELD STREET |
21 Apr 2023 | £280,242 | £275,000 | 231 MONKS ROAD |
29 Mar 2023 | £266,958 | £262,500 | 116 MONKS ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 20 Sep 2012. Using an estimated price of £111,901 means this house is valued at £736 per sq meter (£68 per sq foot).
The average size of a house on TEMPEST STREET is 142 sq meters (1,530 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Tempest Street | |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tempest Street |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tempest Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tempest Street |
Aug 2024 | Other theft | Under investigation | On or near Tempest Street |