£209,625
This estimated value is based upon the latest sale price for the house of £154,950 on 23 May 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Clarina Street
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| Price Paid | Date |
|---|---|
| £154,950 | 23 May 2016 |
| £95,000 | 22 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 £154,950 results in an estimated price of approximately £209,625.
| 23 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £154,950 | £54,675 | £209,625 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 9.689 % | £15,012 | £169,962 |
| 3 Month Average | 48.974 % | £75,884 | £230,834 |
| 6 Month Average | 42.335 % | £65,598 | £220,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £250,000 | £250,000 | 122A MONKS ROAD |
| 19 Dec 2023 | £100,591 | £97,500 | 34 CLARINA STREET |
| 3 Nov 2023 | £107,735 | £105,000 | 52 GRAFTON STREET |
| 16 Jun 2023 | £215,825 | £211,500 | 31 MILMAN ROAD |
| 16 Jun 2023 | £163,272 | £160,000 | 28 CLARINA STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 27 Jun 2013. Using an estimated price of £209,625 means this house is valued at £1,855 per sq meter (£172 per sq foot).
The average size of a house on MILMAN ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Clarina Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clarina Street |
| Apr 2024 | Public order | Under investigation | On or near Clarina Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Clarina Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakfield Street |