£101,992
This estimated value is based upon the latest sale price for the house of £91,500 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £91,500 | 22 Oct 2021 |
| £55,000 | 20 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £91,500 results in an estimated price of approximately £101,992.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £91,500 | £10,492 | £101,992 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | 40.196 % | £36,779 | £128,279 |
| 3 Month Average | 14.410 % | £13,184 | £104,684 |
| 6 Month Average | -5.060 % | £-4,629 | £86,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £235,990 | £230,000 | 26 - 28 MARKET STREET |
| 20 Oct 2023 | £104,370 | £102,000 | 30 REYNARD STREET |
| 13 Sep 2023 | £86,916 | £85,000 | 11 FRANKLIN SQUARE |
| 27 Jan 2023 | £288,270 | £287,500 | 17 POST OFFICE LANE |
| 12 Jan 2023 | £85,228 | £85,000 | 10 FRANKLIN SQUARE |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 30 Aug 2017. Using an estimated price of £101,992 means this house is valued at £467 per sq meter (£43 per sq foot).
The average size of a house on QUEEN STREET is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Queen Street | |
| Jul 2024 | Anti-social behaviour | On or near Queen Street | |
| Jul 2024 | Anti-social behaviour | On or near Queen Street | |
| Sep 2024 | Other theft | Under investigation | On or near Parking Area |