£242,593
This estimated value is based upon the latest sale price for the house of £127,540 on 31 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,540 | 31 Aug 2004 |
| £108,500 | 30 Jul 2004 |
| £43,865 | 23 Oct 2000 |
| £36,000 | 14 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 90.210%.Applying this 90.210% change to the original purchase price of £127,540 results in an estimated price of approximately £242,593.
| 31 Aug 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 146.7 | 90.210 % | £127,540 | £115,053 | £242,593 |
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 | 2.900 % | £3,698 | £131,238 |
| 3 Month Average | 28.599 % | £36,475 | £164,015 |
| 6 Month Average | 43.144 % | £55,025 | £182,565 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Nov 2018.
The average size of a house on DERWENT STREET is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Derwent Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Severn Street |
| Dec 2023 | Shoplifting | Under investigation | On or near Roman Wharf |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |