£70,944
This estimated value is based upon the latest sale price for the house of £57,000 on 17 Jun 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £57,000 | 17 Jun 2019 |
| £44,000 | 11 Apr 2014 |
| £36,000 | 12 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £57,000 results in an estimated price of approximately £70,944.
| 17 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £57,000 | £13,944 | £70,944 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 14.470 % | £8,247 | £65,247 |
| 3 Month Average | 13.029 % | £7,426 | £64,426 |
| 6 Month Average | 13.745 % | £7,834 | £64,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £149,296 | £148,000 | 9 CASTLE TERRACE ROAD |
| 10 Nov 2023 | £182,123 | £177,500 | 2 ALEXANDRA SQUARE |
| 15 Sep 2023 | £163,607 | £160,000 | 34 WEST BANKS |
| 15 Aug 2023 | £119,149 | £117,000 | 24 CASTLE STREET |
| 1 Feb 2023 | £98,156 | £97,500 | 3 CASTLE STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 30 Jan 2014. Using an estimated price of £70,944 means this house is valued at £1,509 per sq meter (£140 per sq foot).
The average size of a house on CASTLE STREET is 78 sq meters (849 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Alexandra Square |
| Sep 2024 | Public order | Under investigation | On or near Alexandra Square |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alexandra Square |
| Sep 2024 | Drugs | Under investigation | On or near Alexandra Square |
| Aug 2024 | Anti-social behaviour | On or near Alexandra Square |