£173,457
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 7 Nov 2014 |
| £107,000 | 13 Jul 2006 |
| £105,000 | 7 Feb 2005 |
| £65,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £115,000 results in an estimated price of approximately £173,457.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £115,000 | £58,457 | £173,457 |
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 | 7.679 % | £8,830 | £123,830 |
| 3 Month Average | 37.984 % | £43,681 | £158,681 |
| 6 Month Average | 42.530 % | £48,909 | £163,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £133,386 | £130,000 | 41 TOWER CRESCENT |
| 28 Apr 2023 | £124,325 | £122,000 | 7 ROMAN PAVEMENT |
| 9 Mar 2023 | £212,550 | £209,000 | 17 HILLSIDE AVENUE |
| 6 Feb 2023 | £168,123 | £167,000 | 48 HILLSIDE AVENUE |
| 12 Jan 2023 | £187,501 | £187,000 | 18 HILLSIDE AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 21 May 2015. Using an estimated price of £173,457 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on ROMAN PAVEMENT is 94 sq meters (1,018 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Pavement |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Roman Pavement |