£111,243
This estimated value is based upon the latest sale price for the house of £110,500 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,500 | 24 Feb 2023 |
| £23,000 | 24 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £110,500 results in an estimated price of approximately £111,243.
| 24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £110,500 | £743 | £111,243 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 42.197 % | £46,627 | £157,127 |
| 3 Month Average | 11.037 % | £12,195 | £122,695 |
| 6 Month Average | 8.036 % | £8,879 | £119,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £136,183 | £135,000 | 7 VICTORIA STREET |
| 15 Mar 2024 | £126,950 | £125,000 | 134 VICTORIA STREET |
| 8 Mar 2024 | £119,333 | £117,500 | 42 VICTORIA STREET |
| 18 Dec 2023 | £125,868 | £122,000 | 18 VICTORIA STREET |
| 13 Oct 2023 | £159,114 | £155,500 | 58 VICTORIA STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Feb 2013. Using an estimated price of £111,243 means this house is valued at £1,612 per sq meter (£149 per sq foot).
The average size of a house on VICTORIA STREET is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Stamford Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stamford Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stamford Street |
| Jun 2024 | Other theft | Under investigation | On or near Stamford Street |
| Jun 2024 | Anti-social behaviour | On or near Stamford Street |