£55,498
This estimated value is based upon the latest sale price for the house of £48,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 4 Dec 2020 |
| £61,500 | 5 Oct 2006 |
| 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 December 2020 the House Price Index for LINCOLNSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £48,000 results in an estimated price of approximately £55,498.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £48,000 | £7,498 | £55,498 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 32.835 % | £15,760 | £63,760 |
| 3 Month Average | 3.335 % | £1,600 | £49,600 |
| 6 Month Average | -2.818 % | £-1,352 | £46,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £63,552 | £63,000 | 30 STANLEY STREET |
| 11 Apr 2024 | £77,675 | £77,000 | 64 STANLEY STREET |
| 8 Apr 2024 | £63,048 | £62,500 | 47 STANLEY STREET |
| 7 Dec 2023 | £67,061 | £65,000 | 14 STANLEY STREET |
| 29 Nov 2023 | £61,563 | £60,000 | 66 STANLEY STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Aug 2020. Using an estimated price of £55,498 means this house is valued at £702 per sq meter (£65 per sq foot).
The average size of a house on GORDON STREET is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gordon Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gordon Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Gordon Street |