£119,479
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 28 Jan 2022 |
| £51,000 | 4 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £115,000 results in an estimated price of approximately £119,479.
| 28 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £115,000 | £4,479 | £119,479 |
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 | 115.463 % | £132,782 | £247,782 |
| 3 Month Average | 18.040 % | £20,745 | £135,745 |
| 6 Month Average | -3.827 % | £-4,400 | £110,599 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Aug 2021.
The average size of a house on BERNARD STREET is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Fairfield Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bernard Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Bernard Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bernard Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bernard Street |