£161,552
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 19 Dec 2018 |
£39,000 | 16 Jul 1999 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2018 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £130,000 results in an estimated price of approximately £161,552.
19 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £130,000 | £31,552 | £161,552 |
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 | 10.764 % | £13,993 | £143,993 |
3 Month Average | 13.093 % | £17,020 | £147,020 |
6 Month Average | 11.757 % | £15,284 | £145,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £209,313 | £204,000 | 22 WAKE STREET |
12 Oct 2023 | £230,229 | £225,000 | 16 MILDMAY STREET |
25 Aug 2023 | £183,255 | £179,950 | 10 WAKE STREET |
11 Aug 2023 | £193,490 | £190,000 | 2 WAKE STREET |
30 Jun 2023 | £182,150 | £178,500 | 13 SAXON STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Apr 2018. Using an estimated price of £161,552 means this house is valued at £1,878 per sq meter (£174 per sq foot).
The average size of a house on MILDMAY STREET is 89 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Wake Street | |
Sep 2024 | Anti-social behaviour | On or near Wake Street | |
Sep 2024 | Anti-social behaviour | On or near Wake Street | |
Sep 2024 | Anti-social behaviour | On or near Wake Street | |
Sep 2024 | Anti-social behaviour | On or near Wake Street |