£121,214
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Jul 2022 |
| £105,000 | 16 Dec 2011 |
| £60,000 | 25 Mar 2009 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 July 2022 the House Price Index for LINCOLNSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £120,000 results in an estimated price of approximately £121,214.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £120,000 | £1,214 | £121,214 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -5.166 % | £-6,199 | £113,800 |
| 3 Month Average | -0.643 % | £-772 | £119,227 |
| 6 Month Average | 3.927 % | £4,712 | £124,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £335,000 | £335,000 | 139 EASTGATE |
| 31 Aug 2023 | £134,424 | £132,000 | 46 JAMES STREET |
| 21 Apr 2023 | £127,383 | £125,000 | 3 WELLINGTON MEWS |
| 18 Nov 2022 | £154,279 | £155,000 | 117 EASTGATE |
| 5 Aug 2022 | £388,818 | £387,000 | 176 EASTGATE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 15 Dec 2021. Using an estimated price of £121,215 means this house is valued at £1,224 per sq meter (£113 per sq foot).
The average size of a house on JAMES STREET is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pleasant Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Jul 2024 | Anti-social behaviour | On or near Charles Street | |
| Jul 2024 | Anti-social behaviour | On or near Charles Street | |
| Jul 2024 | Anti-social behaviour | On or near Charles Street |