£133,038
This estimated value is based upon the latest sale price for the house of £77,000 on 8 Jan 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £77,000 | 8 Jan 2010 |
| £50,500 | 28 Mar 2002 |
| 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 January 2010 the House Price Index for LINCOLNSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £77,000 results in an estimated price of approximately £133,038.
| 8 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £77,000 | £56,038 | £133,038 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 74.981 % | £57,735 | £134,735 |
| 3 Month Average | 39.586 % | £30,481 | £107,481 |
| 6 Month Average | 24.513 % | £18,875 | £95,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £86,326 | £85,000 | 50 NORTH STREET |
| 27 Oct 2023 | £84,417 | £82,500 | FLAT 3 21 NORTH STREET |
| 14 Sep 2023 | £308,718 | £301,913 | UNIT 12 PHOENIX WORKS SOUTH STREET |
| 16 Aug 2023 | £155,301 | £152,500 | 5 HAMERTON LANE |
| 31 May 2022 | £251,553 | £245,000 | 7 BULL RING |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Oct 2019. Using an estimated price of £133,039 means this house is valued at £2,217 per sq meter (£205 per sq foot).
The average size of a house on BANKS STREET is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banks Street |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near A158 |
| Apr 2024 | Drugs | Under investigation | On or near A158 |
| Jul 2024 | Anti-social behaviour | On or near Bull Ring | |
| Jul 2024 | Anti-social behaviour | On or near Bull Ring |