£173,431
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 11 Dec 2020 |
| £56,650 | 23 Oct 2001 |
| £36,500 | 14 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2020 the House Price Index for LINCOLNSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £150,000 results in an estimated price of approximately £173,431.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £150,000 | £23,431 | £173,431 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 13.284 % | £19,926 | £169,926 |
| 3 Month Average | 3.846 % | £5,769 | £155,769 |
| 6 Month Average | 1.234 % | £1,851 | £151,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £153,486 | £150,000 | 18 ST FAITHS STREET |
| 2 Oct 2023 | £112,556 | £110,000 | 8 ST FAITHS STREET |
| 23 Aug 2023 | £101,837 | £100,000 | 19 ST FAITHS STREET |
| 15 Aug 2023 | £142,571 | £140,000 | 22 ST FAITHS STREET |
| 2 Jun 2023 | £173,476 | £170,000 | 56 NEWLAND STREET WEST |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Jun 2020. Using an estimated price of £173,431 means this house is valued at £2,089 per sq meter (£194 per sq foot).
The average size of a house on NEWLAND STREET WEST is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near St Faith'S Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St Faith'S Street |
| Sep 2024 | Public order | Under investigation | On or near St Faith'S Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near St Faith'S Street |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near St Faith'S Street |