£73,236
This estimated value is based upon the latest sale price for the house of £55,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 22 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 40 sq meters or 430 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 July 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £55,000 results in an estimated price of approximately £73,236.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £55,000 | £18,236 | £73,236 |
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 | 36.309 % | £19,969 | £74,969 |
| 3 Month Average | 30.725 % | £16,898 | £71,898 |
| 6 Month Average | 20.035 % | £11,019 | £66,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £194,619 | £192,000 | 7 ULSTER ROAD |
| 24 Aug 2022 | £83,774 | £84,000 | 8 ARKWRIGHT STREET |
| 6 Jun 2022 | £126,792 | £125,000 | 5 NORTHOLME |
| 13 May 2022 | £124,853 | £122,500 | 11 NORTHOLME |
| 4 Feb 2022 | £131,087 | £125,000 | 8 EDWARD ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 29 Jun 2016. Using an estimated price of £73,237 means this house is valued at £1,830 per sq meter (£170 per sq foot).
The average size of a house on ARKWRIGHT STREET is 83 sq meters (899 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Connaught Road |
| Feb 2024 | Anti-social behaviour | On or near Connaught Road | |
| Feb 2024 | Anti-social behaviour | On or near Connaught Road | |
| Feb 2024 | Anti-social behaviour | On or near Connaught Road | |
| Feb 2024 | Anti-social behaviour | On or near Connaught Road |