£130,974
This estimated value is based upon the latest sale price for the house of £128,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 6 Oct 2023 |
| £105,000 | 2 Oct 2020 |
| £96,000 | 26 Jan 2018 |
| £88,000 | 16 Jul 2014 |
| £82,000 | 23 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2023 the House Price Index for LINCOLNSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £128,000 results in an estimated price of approximately £130,974.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £128,000 | £2,974 | £130,974 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | -35.662 % | £-45,647 | £82,352 |
| 3 Month Average | -7.927 % | £-10,146 | £117,853 |
| 6 Month Average | -5.355 % | £-6,854 | £121,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2024 | £120,000 | £120,000 | 8 VICTORIA STREET |
| 18 Dec 2023 | £105,234 | £102,000 | 5 ALBANY TERRACE |
| 6 Oct 2023 | £130,975 | £128,000 | 23 ELLISON STREET |
| 31 Aug 2023 | £82,488 | £81,000 | 9 FRANCIS STREET |
| 15 Jun 2023 | £134,699 | £132,000 | 38 FRANCIS STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Apr 2012. Using an estimated price of £130,975 means this house is valued at £2,182 per sq meter (£202 per sq foot).
The average size of a house on ELLISON STREET is 59 sq meters (638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ellison Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ellison Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ellison Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ellison Street |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ellison Street |