£218,801
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Nov 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 9 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2007 the House Price Index for LINCOLNSHIRE was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £140,000 results in an estimated price of approximately £218,801.
| 9 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £140,000 | £78,801 | £218,801 |
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 | 46.529 % | £65,140 | £205,140 |
| 3 Month Average | 62.591 % | £87,628 | £227,628 |
| 6 Month Average | 47.343 % | £66,280 | £206,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £103,170 | £100,000 | 10 STOURTON PLACE |
| 31 Oct 2023 | £404,180 | £395,000 | 79 PROSPECT STREET |
| 18 Aug 2023 | £85,543 | £84,000 | 28 STOURTON PLACE |
| 15 Aug 2023 | £198,582 | £195,000 | 21 ASHWOOD CLOSE |
| 25 Apr 2023 | £180,374 | £177,000 | 67 - 69 PROSPECT STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Apr 2015. Using an estimated price of £218,801 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on PROSPECT STREET is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
| Jun 2024 | Other theft | Under investigation | On or near Ashwood Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Jul 2024 | Anti-social behaviour | On or near Prospect Street | |
| Jul 2024 | Anti-social behaviour | On or near Prospect Street |