£135,965
This estimated value is based upon the latest sale price for the house of £72,500 on 24 Mar 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£72,500 | 24 Mar 2005 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 484 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 March 2005 the House Price Index for LINCOLNSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £72,500 results in an estimated price of approximately £135,965.
24 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.538 % | £72,500 | £63,465 | £135,965 |
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 | 54.989 % | £39,867 | £112,367 |
3 Month Average | 63.465 % | £46,012 | £118,512 |
6 Month Average | 51.343 % | £37,223 | £109,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2024 | £120,000 | £120,000 | 8 VICTORIA STREET |
18 Dec 2023 | £105,234 | £102,000 | 5 ALBANY TERRACE |
6 Oct 2023 | £130,975 | £128,000 | 23 ELLISON STREET |
31 Aug 2023 | £82,488 | £81,000 | 9 FRANCIS STREET |
15 Jun 2023 | £134,699 | £132,000 | 38 FRANCIS STREET |
This house has a floor area of 44 sq meters or 484 sq feet when measured on 14 Sep 2010. Using an estimated price of £135,965 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on ELLISON STREET is 59 sq meters (638 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (484 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ellison Street |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ellison Street |
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Ellison Street |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ellison Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ellison Street |