£59,879
This estimated value is based upon the latest sale price for the house of £40,000 on 7 Jan 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near King Street East
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Price Paid | Date |
---|---|
£40,000 | 7 Jan 2015 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 January 2015 the House Price Index for LINCOLNSHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £40,000 results in an estimated price of approximately £59,879.
7 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £40,000 | £19,879 | £59,879 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 94.506 % | £37,802 | £77,802 |
3 Month Average | 35.603 % | £14,241 | £54,241 |
6 Month Average | 30.782 % | £12,312 | £52,312 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £202,352 | £197,756 | 8 BRIDGE ROAD |
25 Oct 2023 | £306,972 | £300,000 | JET FILLING STATION BRIDGE ROAD |
9 Oct 2023 | £127,905 | £125,000 | 17 LEA ROAD |
22 Aug 2023 | £46,845 | £46,000 | 1 THORNDIKE COURT KING STREET |
24 Mar 2023 | £27,459 | £27,000 | THE OLD TOLL HOUSE GAINSBOROUGH BRIDGE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 May 2021. Using an estimated price of £59,880 means this house is valued at £623 per sq meter (£57 per sq foot).
The average size of a house on KING STREET is 69 sq meters (746 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near King Street East |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Street East |
May 2024 | Criminal damage and arson | Awaiting court outcome | On or near King Street East |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Street East |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street East |