£163,001
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 30 Oct 2015 |
| £100,000 | 26 Oct 2012 |
| £56,000 | 19 Jan 2001 |
| £29,000 | 18 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £115,000 results in an estimated price of approximately £163,001.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £115,000 | £48,001 | £163,001 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 29.032 % | £33,386 | £148,386 |
| 3 Month Average | 36.160 % | £41,584 | £156,584 |
| 6 Month Average | 30.214 % | £34,746 | £149,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £200,000 | £200,000 | LLOYDS TSB BANK PLC EASTGATE |
| 17 Nov 2023 | £209,313 | £204,000 | 15 CHEQUERGATE |
| 8 Jun 2023 | £147,965 | £145,000 | 17 CORNMARKET |
| 21 Apr 2023 | £448,387 | £440,000 | 32 BRIDGE STREET |
| 20 Apr 2023 | £183,431 | £180,000 | 2 CISTERN GATE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Jun 2012. Using an estimated price of £163,001 means this house is valued at £2,089 per sq meter (£194 per sq foot).
The average size of a house on CHEQUERGATE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near B1520 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near B1520 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1520 |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near B1520 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1520 |