£388,818
This estimated value is based upon the latest sale price for the house of £387,000 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Shopping Area
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| Price Paid | Date |
|---|---|
| £387,000 | 5 Aug 2022 |
| £242,500 | 21 Apr 2017 |
| £86,950 | 17 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2022 the House Price Index for LINCOLNSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £387,000 results in an estimated price of approximately £388,818.
| 5 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £387,000 | £1,818 | £388,818 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 8.539 % | £33,045 | £420,045 |
| 3 Month Average | -4.306 % | £-16,664 | £370,335 |
| 6 Month Average | -0.825 % | £-3,193 | £383,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £335,000 | £335,000 | 139 EASTGATE |
| 27 Nov 2023 | £132,360 | £129,000 | 2 SPRING COURT |
| 31 Aug 2023 | £134,424 | £132,000 | 46 JAMES STREET |
| 19 Apr 2023 | £168,145 | £165,000 | 40 QUEEN STREET |
| 18 Nov 2022 | £154,279 | £155,000 | 117 EASTGATE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 29 May 2014. Using an estimated price of £388,818 means this house is valued at £2,136 per sq meter (£198 per sq foot).
The average size of a house on EASTGATE is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Shopping Area | |
| Oct 2024 | Burglary | Awaiting court outcome | On or near Shopping Area |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station |