£185,218
This estimated value is based upon the latest sale price for the house of £170,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 26 Nov 2021 |
Freehold |
Floor Area: 61 sq meters or 656 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 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £170,000 results in an estimated price of approximately £185,218.
26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £170,000 | £15,218 | £185,218 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 94.252 % | £160,227 | £330,227 |
3 Month Average | -7.048 % | £-11,982 | £158,017 |
6 Month Average | -3.001 % | £-5,101 | £164,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £642,008 | £630,000 | 36 MICHAELGATE |
2 Sep 2022 | £289,806 | £290,000 | 9 STEEP HILL |
30 Aug 2022 | £231,081 | £230,000 | 20 MUSEUM COURT |
23 Jun 2022 | £332,099 | £325,000 | 3 WELL LANE |
7 Jun 2022 | £211,521 | £207,000 | 3 DANES COTTAGES |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Nov 2021. Using an estimated price of £185,218 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on NEUSTADT COURT is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Neustadt Court | |
Sep 2024 | Anti-social behaviour | On or near Neustadt Court | |
Jul 2024 | Public order | Awaiting court outcome | On or near Neustadt Court |
Jul 2024 | Public order | Offender given a caution | On or near Neustadt Court |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Neustadt Court |