£149,729
This estimated value is based upon the latest sale price for the house of £122,000 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 22 Nov 2018 |
| £83,000 | 5 Feb 2016 |
| £80,000 | 8 Dec 2006 |
| £36,000 | 30 Jan 2002 |
| £22,000 | 17 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £122,000 results in an estimated price of approximately £149,729.
| 22 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £122,000 | £27,729 | £149,729 |
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 | 51.618 % | £62,974 | £184,974 |
| 3 Month Average | 19.613 % | £23,928 | £145,928 |
| 6 Month Average | 14.013 % | £17,095 | £139,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £78,080 | £77,500 | FLAT 3 26A CROSS STREET |
| 6 Jan 2023 | £79,303 | £80,000 | 70 CROSS STREET |
| 2 Sep 2022 | £155,607 | £157,500 | 138 PORTLAND STREET |
| 22 Jul 2022 | £119,838 | £120,000 | 59 CROSS STREET |
| 19 Jul 2022 | £89,879 | £90,000 | 16 STANLEY PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Aug 2015. Using an estimated price of £149,729 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on CHELMSFORD STREET is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmsford Street |