£109,245
This estimated value is based upon the latest sale price for the house of £34,500 on 7 Dec 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£34,500 | 7 Dec 2001 |
£26,950 | 9 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 December 2001 the House Price Index for LINCOLNSHIRE was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £34,500 results in an estimated price of approximately £109,245.
7 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.6 | 216.655 % | £34,500 | £74,745 | £109,245 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 202.576 % | £69,888 | £104,388 |
3 Month Average | 194.981 % | £67,268 | £101,768 |
6 Month Average | 211.365 % | £72,921 | £107,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £172,509 | £171,000 | 88 PEEL STREET |
28 Mar 2023 | £103,980 | £103,000 | 16 DIXON STREET |
23 Feb 2023 | £128,414 | £128,500 | 6 PEEL STREET |
15 Feb 2023 | £127,414 | £127,500 | 74 DIXON STREET |
27 Jan 2023 | £86,592 | £87,000 | 16 PEEL STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 31 Jan 2019. Using an estimated price of £109,246 means this house is valued at £1,114 per sq meter (£103 per sq foot).
The average size of a house on DIXON STREET is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Peel Street | |
Feb 2024 | Anti-social behaviour | On or near Peel Street | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peel Street |
Feb 2024 | Anti-social behaviour | On or near Cranwell Street | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cranwell Street |