£162,505
This estimated value is based upon the latest sale price for the house of £88,500 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £88,500 | 30 Jul 2009 |
| £86,500 | 12 May 2006 |
| £31,950 | 23 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2009 the House Price Index for LINCOLNSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £88,500 results in an estimated price of approximately £162,505.
| 30 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £88,500 | £74,005 | £162,505 |
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 | 17.605 % | £15,580 | £104,080 |
| 3 Month Average | 39.068 % | £34,575 | £123,075 |
| 6 Month Average | 52.273 % | £46,262 | £134,762 |
| 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 78 sq meters or 839 sq feet when measured on 4 Mar 2019. Using an estimated price of £162,505 means this house is valued at £2,083 per sq meter (£193 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 |