£270,234
This estimated value is based upon the latest sale price for the house of £215,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 20 Oct 2017 |
| £155,000 | 6 Feb 2008 |
| £48,250 | 30 Jul 1999 |
| £43,000 | 10 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 2017 the House Price Index for LINCOLNSHIRE was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £215,000 results in an estimated price of approximately £270,234.
| 20 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £215,000 | £55,234 | £270,234 |
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 | -68.712 % | £-147,730 | £67,269 |
| 3 Month Average | -1.699 % | £-3,653 | £211,346 |
| 6 Month Average | 23.647 % | £50,841 | £265,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £196,193 | £195,000 | 21 ASHWOOD CLOSE |
| 7 Jul 2023 | £189,795 | £188,000 | 1A PROSPECT STREET |
| 12 Apr 2023 | £211,573 | £210,000 | 20 ASHWOOD CLOSE |
| 30 Mar 2023 | £150,815 | £150,000 | 42 WEST STREET |
| 1 Mar 2023 | £175,951 | £175,000 | 43 PROSPECT STREET |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 14 Jul 2017. Using an estimated price of £270,235 means this house is valued at £1,754 per sq meter (£163 per sq foot).
The average size of a house on WEST STREET is 147 sq meters (1,585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
| Mar 2024 | Anti-social behaviour | On or near Reindeer Close | |
| Mar 2024 | Anti-social behaviour | On or near Reindeer Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reindeer Close |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bridge Street |