£181,722
This estimated value is based upon the latest sale price for the house of £95,000 on 26 Oct 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£95,000 | 26 Oct 2004 |
£38,995 | 20 Jul 2001 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 October 2004 the House Price Index for LINCOLNSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £95,000 results in an estimated price of approximately £181,722.
26 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £95,000 | £86,722 | £181,722 |
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 | 32.038 % | £30,436 | £125,436 |
3 Month Average | 45.596 % | £43,316 | £138,316 |
6 Month Average | 57.636 % | £54,753 | £149,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £107,440 | £105,000 | 27 HOPE STREET |
1 Sep 2023 | £122,705 | £120,000 | 22 ARTHUR STREET |
18 Apr 2023 | £122,287 | £120,000 | 12 NORRIS STREET |
27 Jan 2023 | £162,434 | £162,000 | 89 ST ANDREWS STREET |
20 Jan 2023 | £128,343 | £128,000 | 7 NORRIS STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Sep 2018. Using an estimated price of £181,722 means this house is valued at £2,041 per sq meter (£189 per sq foot).
The average size of a house on NORRIS STREET is 78 sq meters (842 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Street |
Aug 2024 | Anti-social behaviour | On or near Hope Street | |
Aug 2024 | Anti-social behaviour | On or near Hope Street | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hope Street |