£92,273
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 24 Sep 2021 |
| £11,950 | 3 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £85,000 results in an estimated price of approximately £92,273.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £85,000 | £7,273 | £92,273 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -19.408 % | £-16,497 | £68,502 |
| 3 Month Average | 4.830 % | £4,105 | £89,105 |
| 6 Month Average | -31.105 % | £-26,439 | £58,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £116,007 | £115,000 | 60 FOUNDRY STREET |
| 12 Mar 2024 | £355,461 | £350,000 | 18 QUEEN STREET |
| 8 Dec 2023 | £126,384 | £122,500 | 58 FOUNDRY STREET |
| 17 Nov 2023 | £104,657 | £102,000 | 78 FOUNDRY STREET |
| 13 Oct 2023 | £116,138 | £113,500 | 25 FOUNDRY STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 10 Jan 2020. Using an estimated price of £92,273 means this house is valued at £2,145 per sq meter (£199 per sq foot).
The average size of a house on PARADISE PLACE is 60 sq meters (651 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Steadman Court |
| Jul 2024 | Drugs | Awaiting court outcome | On or near East Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen Street |
| Jul 2024 | Anti-social behaviour | On or near Water Lane | |
| Jun 2024 | Drugs | Under investigation | On or near Water Lane |