£78,585
This estimated value is based upon the latest sale price for the house of £23,000 on 19 Jun 2001. 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 |
|---|---|
| £23,000 | 19 Jun 2001 |
| £25,500 | 24 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2001 the House Price Index for LINCOLNSHIRE was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £23,000 results in an estimated price of approximately £78,585.
| 19 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £23,000 | £55,585 | £78,585 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 250.105 % | £57,524 | £80,524 |
| 3 Month Average | 231.739 % | £53,299 | £76,299 |
| 6 Month Average | 252.478 % | £58,069 | £81,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £172,653 | £170,000 | 102 PORTLAND STREET |
| 5 Dec 2023 | £113,487 | £110,000 | 5 TROLLOPE STREET |
| 6 Oct 2023 | £122,789 | £120,000 | 11 CROSS STREET |
| 28 Sep 2023 | £102,254 | £100,000 | 55 CROSS STREET |
| 8 Sep 2023 | £119,637 | £117,000 | 42 CROSS STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Oct 2019. Using an estimated price of £78,585 means this house is valued at £994 per sq meter (£92 per sq foot).
The average size of a house on PORTLAND STREET is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Lewis Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lewis Street |
| Aug 2024 | Anti-social behaviour | On or near Lewis Street | |
| Aug 2024 | Anti-social behaviour | On or near Lewis Street | |
| Aug 2024 | Anti-social behaviour | On or near Lewis Street |