£59,010
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 28 Jun 2021 |
| £54,000 | 31 Mar 2014 |
| £53,000 | 24 Oct 2013 |
| £69,950 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £55,000 results in an estimated price of approximately £59,010.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £55,000 | £4,010 | £59,010 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | -35.326 % | £-19,429 | £35,570 |
| 3 Month Average | -9.638 % | £-5,300 | £49,699 |
| 6 Month Average | -12.946 % | £-7,120 | £47,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £111,653 | £110,000 | 5 MARLBOROUGH STREET |
| 22 Aug 2023 | £46,406 | £46,000 | 1 THORNDIKE COURT KING STREET |
| 17 Jul 2023 | £136,842 | £135,000 | 2 KING STREET |
| 23 Mar 2023 | £3,595,154 | £3,561,283 | BRIDGE FILLING STATION BRIDGE ROAD |
| 3 Mar 2023 | £60,571 | £60,000 | 1 PROSPECT TERRACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Jun 2021. Using an estimated price of £59,011 means this house is valued at £1,017 per sq meter (£94 per sq foot).
The average size of a house on TRINITY STREET is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Portland Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portland Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portland Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Terrace |