£191,277
This estimated value is based upon the latest sale price for the house of £190,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 10 Feb 2023 |
| £150,353 | 30 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 £190,000 results in an estimated price of approximately £191,277.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £190,000 | £1,277 | £191,277 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | -17.895 % | £-34,000 | £155,999 |
| 3 Month Average | -3.431 % | £-6,518 | £183,481 |
| 6 Month Average | -1.073 % | £-2,038 | £187,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £172,376 | £168,000 | 32 RIVERSIDE DRIVE |
| 20 Jun 2023 | £130,618 | £128,000 | 149 RIVERSIDE DRIVE |
| 10 Feb 2023 | £191,278 | £190,000 | 14 RIVERSIDE DRIVE |
| 18 Nov 2022 | £131,883 | £132,500 | 155 RIVERSIDE DRIVE |
| 9 Sep 2022 | £186,875 | £187,000 | 8 WITHAM MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Sep 2019. Using an estimated price of £191,278 means this house is valued at £2,304 per sq meter (£214 per sq foot).
The average size of a house on RIVERSIDE DRIVE is 68 sq meters (737 sq feet).