£111,834
This estimated value is based upon the latest sale price for the house of £29,350 on 30 May 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£29,350 | 30 May 2000 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 689 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 May 2000 the House Price Index for LINCOLNSHIRE was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £29,350 results in an estimated price of approximately £111,834.
30 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 149.7 | 281.036 % | £29,350 | £82,484 | £111,834 |
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 | 301.471 % | £88,481 | £117,831 |
3 Month Average | 296.963 % | £87,158 | £116,508 |
6 Month Average | 304.961 % | £89,506 | £118,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £80,451 | £79,000 | 1 MONSON MEWS |
9 Feb 2023 | £90,605 | £90,000 | 27 CHELMSFORD STREET |
3 Feb 2023 | £128,357 | £127,500 | 27 SINCIL BANK |
10 Jun 2022 | £89,922 | £88,000 | 62 CHELMSFORD STREET |
14 Apr 2022 | £98,555 | £95,000 | 46 SINCIL BANK |
This house has a floor area of 64 sq meters or 689 sq feet when measured on 23 Apr 2009. Using an estimated price of £111,834 means this house is valued at £1,745 per sq meter (£162 per sq foot).
The average size of a house on SINCIL BANK is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Walnut Place | |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walnut Place |
Aug 2024 | Anti-social behaviour | On or near Walnut Place | |
Aug 2024 | Anti-social behaviour | On or near Walnut Place | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Walnut Place |