£126,191
This estimated value is based upon the latest sale price for the house of £38,500 on 7 Sep 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £38,500 | 7 Sep 2001 |
| £33,000 | 8 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 September 2001 the House Price Index for LINCOLNSHIRE was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £38,500 results in an estimated price of approximately £126,191.
| 7 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £38,500 | £87,691 | £126,191 |
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 | 232.648 % | £89,569 | £128,069 |
| 3 Month Average | 223.473 % | £86,036 | £124,536 |
| 6 Month Average | 213.945 % | £82,368 | £120,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £207,066 | £204,000 | 15 CHEQUERGATE |
| 8 Jun 2023 | £146,778 | £145,000 | 17 CORNMARKET |
| 21 Apr 2023 | £444,789 | £440,000 | 32 BRIDGE STREET |
| 17 Oct 2022 | £98,935 | £100,000 | 6 GRAYS ROAD |
| 20 Jul 2022 | £160,432 | £160,000 | 6 ROYAL OAK COURT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Oct 2015. Using an estimated price of £126,192 means this house is valued at £1,402 per sq meter (£130 per sq foot).
The average size of a house on CHEQUERGATE is 112 sq meters (1,210 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nichol Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nichol Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near B1520 | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1520 |