£159,858
This estimated value is based upon the latest sale price for the house of £100,000 on 16 Apr 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£100,000 | 16 Apr 2008 |
£82,000 | 7 Mar 2003 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 £100,000 results in an estimated price of approximately £159,858.
16 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £100,000 | £59,858 | £159,858 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 28.176 % | £28,175 | £128,175 |
3 Month Average | 27.286 % | £27,285 | £127,285 |
6 Month Average | 29.708 % | £29,708 | £129,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £185,706 | £180,000 | 10 ALLISON STREET |
30 Oct 2023 | £179,067 | £175,000 | 15 ALLISON STREET |
16 Jun 2023 | £115,311 | £113,000 | 23 ALLISON STREET |
6 Apr 2023 | £137,573 | £135,000 | 7 ALLISON STREET |
6 Apr 2023 | £137,573 | £135,000 | 3 ALLISON STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Aug 2019. Using an estimated price of £159,859 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on GRESHAM STREET is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Street |
Oct 2024 | Public order | Unable to prosecute suspect | On or near Gresham Street |
Aug 2024 | Burglary | Unable to prosecute suspect | On or near Gresham Street |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gresham Street |
Oct 2024 | Anti-social behaviour | On or near Allison Street |