£231,080
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Aug 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 30 Aug 2022 |
£230,000 | 30 Aug 2022 |
£205,000 | 7 Dec 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 2022 the House Price Index for LINCOLNSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £230,000 results in an estimated price of approximately £231,080.
30 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £230,000 | £1,080 | £231,080 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -11.830 % | £-27,209 | £202,790 |
3 Month Average | -8.501 % | £-19,552 | £210,447 |
6 Month Average | -2.272 % | £-5,226 | £224,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £142,571 | £140,000 | FLAT 7 42 CLASKETGATE |
2 Sep 2022 | £289,806 | £290,000 | 9 STEEP HILL |
30 Aug 2022 | £231,081 | £230,000 | 20 MUSEUM COURT |
23 Jun 2022 | £332,099 | £325,000 | 3 WELL LANE |
7 Jun 2022 | £211,521 | £207,000 | 3 DANES COTTAGES |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Sep 2020. Using an estimated price of £231,081 means this house is valued at £2,625 per sq meter (£243 per sq foot).
The average size of a house on MUSEUM COURT is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Strait |
Sep 2024 | Anti-social behaviour | On or near Neustadt Court | |
Aug 2024 | Anti-social behaviour | On or near The Strait | |
Aug 2024 | Anti-social behaviour | On or near The Strait | |
Jul 2024 | Anti-social behaviour | On or near The Strait |