£128,343
This estimated value is based upon the latest sale price for the house of £125,000 on 26 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 26 May 2022 |
| £61,000 | 31 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 May 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £125,000 results in an estimated price of approximately £128,343.
| 26 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £125,000 | £3,343 | £128,343 |
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 | 159.012 % | £198,765 | £323,765 |
| 3 Month Average | 26.685 % | £33,356 | £158,356 |
| 6 Month Average | -7.873 % | £-9,840 | £115,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £103,170 | £100,000 | 10 STOURTON PLACE |
| 31 Oct 2023 | £404,180 | £395,000 | 79 PROSPECT STREET |
| 25 Aug 2023 | £341,153 | £335,000 | 6 CORN CLOSE |
| 18 Aug 2023 | £85,543 | £84,000 | 28 STOURTON PLACE |
| 15 Aug 2023 | £198,582 | £195,000 | 21 ASHWOOD CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Dec 2021. Using an estimated price of £128,344 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on STOURTON PLACE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Prospect Street | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Stourton Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stourton Place |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corn Close |
| Jun 2024 | Other theft | Under investigation | On or near Ashwood Close |