£145,414
This estimated value is based upon the latest sale price for the house of £93,000 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £93,000 | 7 Dec 2007 |
| £58,500 | 15 Apr 2003 |
| £28,950 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 December 2007 the House Price Index for LINCOLNSHIRE was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £93,000 results in an estimated price of approximately £145,414.
| 7 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £93,000 | £52,414 | £145,414 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 30.358 % | £28,232 | £121,232 |
| 3 Month Average | 40.037 % | £37,234 | £130,234 |
| 6 Month Average | 33.994 % | £31,614 | £124,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £134,000 | £134,000 | 43A WESTGATE |
| 13 Nov 2023 | £109,787 | £107,000 | 9 LEICESTER STREET |
| 15 Sep 2023 | £163,607 | £160,000 | 34 WEST BANKS |
| 10 Feb 2023 | £143,458 | £142,500 | 14 WEST BANKS |
| 20 Jan 2023 | £117,815 | £117,500 | 20 PLAYHOUSE YARD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Sep 2012. Using an estimated price of £145,415 means this house is valued at £2,743 per sq meter (£254 per sq foot).
The average size of a house on LEICESTER STREET is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near West Gate |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Thomas Street |
| Oct 2024 | Public order | Under investigation | On or near Thomas Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Street |