£288,158
This estimated value is based upon the latest sale price for the house of £213,000 on 9 May 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £213,000 | 9 May 2016 |
| £167,000 | 18 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 May 2016 the House Price Index for LINCOLNSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £213,000 results in an estimated price of approximately £288,158.
| 9 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £213,000 | £75,158 | £288,158 |
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 | 24.909 % | £53,055 | £266,055 |
| 3 Month Average | 27.894 % | £59,414 | £272,414 |
| 6 Month Average | 30.482 % | £64,925 | £277,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £107,000 | £107,000 | 5 FLEET STREET |
| 19 Jun 2024 | £224,000 | £224,000 | 40 HEWSON ROAD |
| 12 Apr 2024 | £173,507 | £172,000 | 96 HEWSON ROAD |
| 21 Dec 2023 | £212,531 | £206,000 | 41 HEWSON ROAD |
| 15 Dec 2023 | £196,023 | £190,000 | 15 FLEET STREET |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 27 Aug 2015. Using an estimated price of £288,158 means this house is valued at £1,987 per sq meter (£184 per sq foot).
The average size of a house on HEWSON ROAD is 126 sq meters (1,363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Street |
| Oct 2024 | Vehicle crime | Under investigation | On or near Fleet Street |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fleet Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Fleet Street |