£116,753
This estimated value is based upon the latest sale price for the house of £77,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £77,000 | 19 Sep 2014 |
| £70,000 | 1 May 2009 |
| £68,950 | 27 Jun 2003 |
| £42,500 | 18 Feb 2002 |
| £29,500 | 21 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £77,000 results in an estimated price of approximately £116,753.
| 19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £77,000 | £39,753 | £116,753 |
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 | 16.770 % | £12,913 | £89,913 |
| 3 Month Average | 38.351 % | £29,530 | £106,530 |
| 6 Month Average | 46.974 % | £36,169 | £113,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £117,995 | £115,000 | 31 COLEBY STREET |
| 31 Aug 2023 | £122,204 | £120,000 | 53 OAKFIELD STREET |
| 21 Apr 2023 | £280,242 | £275,000 | 231 MONKS ROAD |
| 31 Mar 2023 | £122,038 | £120,000 | 44 OAKFIELD STREET |
| 8 Feb 2023 | £120,807 | £120,000 | 46 OAKFIELD STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Sep 2021. Using an estimated price of £116,754 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on COLEBY STREET is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Coleby Street | |
| Jul 2024 | Anti-social behaviour | On or near Coleby Street | |
| Jul 2024 | Anti-social behaviour | On or near Coleby Street |