£172,422
This estimated value is based upon the latest sale price for the house of £64,000 on 25 Sep 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £64,000 | 25 Sep 2002 |
| £40,000 | 4 Jul 2000 |
| Terraced |
| Freehold |
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 September 2002 the House Price Index for LINCOLNSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £64,000 results in an estimated price of approximately £172,422.
| 25 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £64,000 | £108,422 | £172,422 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 300.847 % | £192,541 | £256,541 |
| 3 Month Average | 168.505 % | £107,843 | £171,843 |
| 6 Month Average | 209.100 % | £133,823 | £197,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £110,971 | £110,000 | 15 UNION STREET |
| 5 Apr 2023 | £49,533 | £49,000 | 23 UNION STREET |
| 10 Jun 2022 | £139,978 | £138,000 | 44 UNION STREET |
| 20 May 2022 | £64,719 | £63,500 | FLAT D HARTLEY HOUSE UNION STREET |
| 29 Apr 2022 | £85,473 | £83,000 | THE OLD MAIL OFFICE WAVERLEY COURT QUEEN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Queen Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wesley Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Court |