£153,792
This estimated value is based upon the latest sale price for the house of £126,750 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £126,750 | 12 Mar 2020 |
| £97,000 | 11 Jan 2019 |
| £83,000 | 24 May 2002 |
| £45,100 | 4 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £126,750 results in an estimated price of approximately £153,792.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £126,750 | £27,042 | £153,792 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 7.662 % | £9,711 | £136,461 |
| 3 Month Average | 25.420 % | £32,219 | £158,969 |
| 6 Month Average | 11.744 % | £14,885 | £141,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £85,000 | £85,000 | 16 NORFOLK PLACE |
| 8 May 2024 | £105,000 | £105,000 | 20 NORFOLK STREET |
| 15 Dec 2023 | £108,329 | £105,000 | 37 NORFOLK PLACE |
| 8 Dec 2023 | £84,600 | £82,000 | 17 NORFOLK PLACE |
| 9 Jun 2023 | £86,738 | £85,000 | 19 UNION PLACE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Aug 2019. Using an estimated price of £153,792 means this house is valued at £2,166 per sq meter (£201 per sq foot).
The average size of a house on NORFOLK STREET is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Park Lane | |
| Jun 2024 | Anti-social behaviour | On or near Park Lane | |
| Jun 2024 | Anti-social behaviour | On or near Park Lane | |
| Jun 2024 | Anti-social behaviour | On or near Park Lane | |
| Jun 2024 | Anti-social behaviour | On or near Park Lane |