£151,103
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£140,000 | 21 Dec 2021 |
£41,950 | 6 Oct 2000 |
Semi-Detached |
Freehold |
Floor Area: 37 sq meters or 398 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 2021 the House Price Index for LINCOLNSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £140,000 results in an estimated price of approximately £151,103.
21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £140,000 | £11,103 | £151,103 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 41.612 % | £58,256 | £198,256 |
3 Month Average | 3.811 % | £5,334 | £145,334 |
6 Month Average | 2.415 % | £3,381 | £143,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £267,321 | £265,000 | 60 ROMAN WHARF |
14 Mar 2024 | £190,426 | £187,500 | 82 ROMAN WHARF |
12 Oct 2023 | £199,532 | £195,000 | 29 SEVERN STREET |
21 Aug 2023 | £116,094 | £114,000 | 31 ROMAN WHARF |
18 Aug 2023 | £137,480 | £135,000 | 19 DERWENT STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 25 May 2021. Using an estimated price of £151,103 means this house is valued at £4,083 per sq meter (£379 per sq foot).
The average size of a house on ROMAN WHARF is 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Roman Wharf |
Sep 2024 | Other theft | Under investigation | On or near Roman Wharf |
Sep 2024 | Drugs | Under investigation | On or near Roman Wharf |
Aug 2024 | Anti-social behaviour | On or near Roman Wharf | |
Aug 2024 | Anti-social behaviour | On or near Roman Wharf |