£152,904
This estimated value is based upon the latest sale price for the house of £114,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 31 Aug 2016 |
| £113,500 | 5 Nov 2004 |
| £71,000 | 20 Jan 2004 |
| Terraced |
| Freehold |
| 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 August 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £114,000 results in an estimated price of approximately £152,904.
| 31 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £114,000 | £38,904 | £152,904 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 52.807 % | £60,200 | £174,200 |
| 3 Month Average | 49.584 % | £56,525 | £170,525 |
| 6 Month Average | 43.307 % | £49,369 | £163,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £121,051 | £120,000 | 18 SIDNEY STREET |
| 13 Dec 2023 | £149,597 | £145,000 | 49 SIDNEY STREET |
| 18 Aug 2023 | £218,949 | £215,000 | 9 ALBION STREET |
| 30 Jun 2023 | £137,761 | £135,000 | 10 ALBION PLACE |
| 24 Feb 2023 | £95,136 | £94,500 | 10 NEW STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jul 2014. Using an estimated price of £152,904 means this house is valued at £1,698 per sq meter (£157 per sq foot).
The average size of a house on CHAMBERS STREET is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Albion Place | |
| Aug 2024 | Anti-social behaviour | On or near Albion Place | |
| Aug 2024 | Anti-social behaviour | On or near Albion Place | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Albion Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near New Street |