£229,914
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 29 Jun 2022 |
£141,000 | 16 May 2016 |
£62,500 | 12 Jul 2000 |
Terraced |
Freehold |
Floor Area: 136 sq meters or 1,463 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £225,000 results in an estimated price of approximately £229,914.
29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £225,000 | £4,914 | £229,914 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 36.166 % | £81,373 | £306,373 |
3 Month Average | 23.357 % | £52,552 | £277,552 |
6 Month Average | 19.587 % | £44,069 | £269,069 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £159,914 | £155,000 | 14 HAMERTON LANE |
30 Nov 2023 | £153,855 | £149,950 | 16 HAMERTON LANE |
20 Nov 2023 | £153,907 | £150,000 | 10 HAMERTON LANE |
14 Nov 2023 | £148,777 | £145,000 | 6 HAMERTON LANE |
10 Nov 2023 | £167,245 | £163,000 | 18 HAMERTON LANE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 19 Feb 2015. Using an estimated price of £229,915 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on SOUTH STREET is 195 sq meters (2,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Under investigation | On or near Bryant Close |
Oct 2024 | Anti-social behaviour | On or near Hopton Street | |
Sep 2024 | Drugs | Under investigation | On or near Hopton Street |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Hopton Street |
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hopton Street |