£130,439
This estimated value is based upon the latest sale price for the house of £106,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £106,000 | 23 Aug 2019 |
| £82,500 | 12 Jun 2015 |
| £83,000 | 19 Sep 2005 |
| £59,950 | 13 Oct 2003 |
| £29,500 | 9 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £106,000 results in an estimated price of approximately £130,439.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £106,000 | £24,439 | £130,439 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 14.422 % | £15,287 | £121,287 |
| 3 Month Average | -3.155 % | £-3,344 | £102,655 |
| 6 Month Average | -4.860 % | £-5,152 | £100,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £105,563 | £104,000 | 155 NEWARK ROAD |
| 29 Sep 2023 | £100,282 | £99,000 | 23 BOUNDARY STREET |
| 24 Aug 2023 | £85,246 | £84,500 | 19 SAVILLE STREET |
| 14 Oct 2022 | £120,206 | £121,500 | 19 RUSSELL STREET |
| 9 Sep 2022 | £121,023 | £122,000 | 163 NEWARK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Mar 2019. Using an estimated price of £130,440 means this house is valued at £1,837 per sq meter (£170 per sq foot).
The average size of a house on BOUNDARY STREET is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Boundary Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Boundary Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boundary Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Street |
| Dec 2023 | Anti-social behaviour | On or near Russell Street |