£46,704
This estimated value is based upon the latest sale price for the house of £35,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£35,000 | 7 Oct 2016 |
£30,000 | 27 Sep 2013 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 October 2016 the House Price Index for LINCOLNSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £35,000 results in an estimated price of approximately £46,704.
7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £35,000 | £11,704 | £46,704 |
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 | 6.125 % | £2,143 | £37,143 |
3 Month Average | 33.491 % | £11,721 | £46,721 |
6 Month Average | 24.572 % | £8,600 | £43,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2024 | £87,500 | £87,500 | 16 CHARLES STREET |
22 Dec 2023 | £92,853 | £90,000 | 14 CARLISLE STREET |
18 Dec 2023 | £103,119 | £99,950 | 6 PARISH MEWS |
1 Dec 2023 | £77,378 | £75,000 | 33 TOWER STREET |
10 Nov 2023 | £65,667 | £64,000 | 20 TOWER STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Jan 2014. Using an estimated price of £46,704 means this house is valued at £648 per sq meter (£60 per sq foot).
The average size of a house on TOWER STREET is 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Tower Street | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Tower Street |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Tower Street |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tower Street |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Tower Street |