£122,788
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Oct 2023. 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 |
|---|---|
| £120,000 | 6 Oct 2023 |
| £90,000 | 7 Aug 2014 |
| £65,000 | 19 Dec 2006 |
| £15,000 | 2 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2023 the House Price Index for LINCOLNSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £120,000 results in an estimated price of approximately £122,788.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £120,000 | £2,788 | £122,788 |
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 | -35.662 % | £-42,794 | £77,205 |
| 3 Month Average | -7.927 % | £-9,512 | £110,487 |
| 6 Month Average | -5.355 % | £-6,426 | £113,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £134,060 | £132,000 | 58 KESTEVEN STREET |
| 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 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Oct 2019. Using an estimated price of £122,789 means this house is valued at £1,395 per sq meter (£129 per sq foot).
The average size of a house on CROSS STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lewis Street |
| Sep 2024 | Burglary | 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 |