£166,779
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £135,000 results in an estimated price of approximately £166,779.
| 4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £135,000 | £31,779 | £166,779 |
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 | 33.709 % | £45,507 | £180,507 |
| 3 Month Average | 5.605 % | £7,566 | £142,566 |
| 6 Month Average | 12.473 % | £16,838 | £151,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £133,021 | £130,000 | 20 WESTFIELD STREET |
| 29 Sep 2023 | £148,268 | £145,000 | 22 FOSS BANK |
| 28 Jun 2023 | £20,409 | £20,000 | 84 CARHOLME ROAD |
| 31 Mar 2023 | £305,095 | £300,000 | 26 FOSS BANK |
| 17 Oct 2022 | £234,218 | £235,000 | 11 STAUNTON COURT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Aug 2019. Using an estimated price of £166,779 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on FOSS BANK is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Westfield Street | |
| Aug 2024 | Anti-social behaviour | On or near Westfield Street | |
| Aug 2024 | Anti-social behaviour | On or near Westfield Street | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Harvey Street |
| Oct 2024 | Other theft | Under investigation | On or near Harvey Street |