£368,342
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£350,000 | 11 Jan 2022 |
£282,500 | 4 Mar 2020 |
Flats/Maisonettes |
Leasehold |
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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £350,000 results in an estimated price of approximately £368,342.
11 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £350,000 | £18,342 | £368,342 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -19.241 % | £-67,343 | £282,656 |
3 Month Average | 20.206 % | £70,719 | £420,719 |
6 Month Average | 12.194 % | £42,678 | £392,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £133,165 | £132,000 | 46 JAMES STREET |
14 Jul 2023 | £296,795 | £292,800 | 113 - 115 EASTGATE |
27 Jun 2023 | £263,188 | £260,000 | 29 RAMSGATE |
19 Apr 2023 | £166,796 | £165,000 | 40 QUEEN STREET |
18 Nov 2022 | £153,145 | £155,000 | 117 EASTGATE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bus/Coach Station |
Mar 2024 | Public order | Under investigation | On or near Albion Place |
Mar 2024 | Anti-social behaviour | On or near Albion Place | |
Mar 2024 | Anti-social behaviour | On or near Albion Place | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albion Place |