£135,123
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 31 Jul 2019 |
Freehold |
Floor Area: 63 sq meters or 679 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 2019 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £110,000 results in an estimated price of approximately £135,123.
31 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.839 % | £110,000 | £25,123 | £135,123 |
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 | -24.599 % | £-27,058 | £82,941 |
3 Month Average | 25.801 % | £28,381 | £138,381 |
6 Month Average | 18.025 % | £19,827 | £129,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £101,928 | £100,000 | 8A MERCER ROW |
8 Jun 2023 | £146,185 | £145,000 | 17 CORNMARKET |
12 Jan 2023 | £118,955 | £120,000 | 1 SHARPLEYS COURT KIDGATE |
8 Apr 2022 | £96,410 | £94,000 | APARTMENT 2 REINDEER BUILDING, 11 MERCER ROW |
6 Apr 2022 | £276,923 | £270,000 | 4 MARKET PLACE |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 26 Aug 2009. Using an estimated price of £135,123 means this house is valued at £2,139 per sq meter (£198 per sq foot).
The average size of a house on MERCER ROW is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Shopping Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Apr 2024 | Anti-social behaviour | On or near Shopping Area | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |