£62,218
This estimated value is based upon the latest sale price for the house of £49,995 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,995 | 25 Jan 2019 |
| £45,000 | 23 Mar 2016 |
| £23,650 | 14 Feb 2000 |
| £12,000 | 23 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £49,995 results in an estimated price of approximately £62,218.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £49,995 | £12,223 | £62,218 |
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 | 87.271 % | £43,631 | £93,626 |
| 3 Month Average | 15.306 % | £7,652 | £57,647 |
| 6 Month Average | 12.561 % | £6,279 | £56,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £63,552 | £63,000 | 30 STANLEY STREET |
| 11 Apr 2024 | £77,675 | £77,000 | 64 STANLEY STREET |
| 8 Apr 2024 | £63,048 | £62,500 | 47 STANLEY STREET |
| 7 Dec 2023 | £67,061 | £65,000 | 14 STANLEY STREET |
| 29 Nov 2023 | £61,563 | £60,000 | 66 STANLEY STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Nov 2016. Using an estimated price of £62,219 means this house is valued at £622 per sq meter (£57 per sq foot).
The average size of a house on GORDON STREET is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gordon Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Gordon Street |