£172,613
This estimated value is based upon the latest sale price for the house of £32,000 on 20 Dec 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Charles Street West
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Price Paid | Date |
---|---|
£32,000 | 20 Dec 1996 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 940 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 December 1996 the House Price Index for LINCOLNSHIRE was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £32,000 results in an estimated price of approximately £172,613.
20 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.6 | 439.417 % | £32,000 | £140,613 | £172,613 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 249.333 % | £79,786 | £111,786 |
3 Month Average | 338.384 % | £108,282 | £140,282 |
6 Month Average | 356.244 % | £113,998 | £145,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £183,205 | £180,000 | 10 ALLISON STREET |
17 Nov 2023 | £152,254 | £150,000 | 13 CHARLES STREET WEST |
3 Nov 2023 | £172,555 | £170,000 | 35 GRESHAM STREET |
1 Sep 2023 | £249,591 | £246,400 | 87 WEST PARADE |
14 Aug 2023 | £168,978 | £167,500 | 5 CHARLES STREET WEST |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 27 Apr 2009. Using an estimated price of £172,613 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on GRESHAM STREET is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Charles Street West |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Charles Street West |
Mar 2024 | Anti-social behaviour | On or near Charles Street West | |
Feb 2024 | Other crime | Under investigation | On or near Charles Street West |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charles Street West |