£215,030
This estimated value is based upon the latest sale price for the house of £174,500 on 13 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,500 | 13 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £174,500 results in an estimated price of approximately £215,030.
| 13 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £174,500 | £40,530 | £215,030 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | -13.817 % | £-24,110 | £150,389 |
| 3 Month Average | 22.903 % | £39,964 | £214,464 |
| 6 Month Average | 6.834 % | £11,925 | £186,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £273,683 | £270,000 | 18 MORTON TERRACE |
| 21 Jan 2022 | £378,867 | £360,000 | CARROW HOUSE, 14 MORTON TERRACE |
| 17 Nov 2020 | £208,684 | £180,000 | 83 MORTON TERRACE |
| 7 Oct 2020 | £211,155 | £180,000 | 7 GAINAS AVENUE |
| 28 Feb 2020 | £250,815 | £205,000 | 55 MORTON TERRACE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 24 Jul 2018. Using an estimated price of £215,030 means this house is valued at £1,748 per sq meter (£162 per sq foot).
The average size of a house on GAINAS AVENUE is 149 sq meters (1,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Morton Terrace |
| Feb 2024 | Anti-social behaviour | On or near Morton Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Morton Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Morton Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Old Showfields |