£123,652
This estimated value is based upon the latest sale price for the house of £22,000 on 27 Jan 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £22,000 | 27 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 1995 the House Price Index for LINCOLNSHIRE was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £22,000 results in an estimated price of approximately £123,652.
| 27 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £22,000 | £101,652 | £123,652 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 337.181 % | £74,179 | £96,179 |
| 3 Month Average | 366.661 % | £80,665 | £102,665 |
| 6 Month Average | 332.311 % | £73,108 | £95,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £118,500 | £118,500 | 8 MARINA ROAD |
| 15 Dec 2023 | £196,023 | £190,000 | 88 GEORGE STREET |
| 15 Nov 2023 | £71,823 | £70,000 | FLAT 3 41 SEACROFT ROAD |
| 4 Sep 2023 | £235,184 | £230,000 | 80 GEORGE STREET |
| 28 Jun 2023 | £188,783 | £185,000 | 67 SEACROFT ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 Jan 2020. Using an estimated price of £123,653 means this house is valued at £1,994 per sq meter (£185 per sq foot).
The average size of a house on SEACROFT ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripon Place |
| Aug 2024 | Anti-social behaviour | On or near Ripon Place | |
| Aug 2024 | Anti-social behaviour | On or near Ripon Place | |
| Aug 2024 | Anti-social behaviour | On or near Ripon Place | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripon Place |