£172,626
This estimated value is based upon the latest sale price for the house of £108,000 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 22 Jun 2007 |
| £88,000 | 25 May 2005 |
| £100,000 | 19 Sep 2003 |
| £80,000 | 28 Aug 2001 |
| £65,000 | 1 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 June 2007 the House Price Index for LINCOLNSHIRE was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £108,000 results in an estimated price of approximately £172,626.
| 22 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £108,000 | £64,626 | £172,626 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | -4.562 % | £-4,926 | £103,073 |
| 3 Month Average | 33.778 % | £36,480 | £144,480 |
| 6 Month Average | 39.818 % | £43,003 | £151,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £102,894 | £102,000 | 30 SHAKESPEARE STREET |
| 28 Mar 2024 | £558,582 | £550,000 | 431 HIGH STREET |
| 13 Oct 2023 | £76,743 | £75,000 | APARTMENT 1 WAREHOUSE APARTMENTS GIBBESON STREET |
| 8 Sep 2023 | £129,351 | £126,500 | 12 GIBBESON STREET |
| 13 Apr 2023 | £119,230 | £117,000 | 17 SHAKESPEARE STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Jul 2020. Using an estimated price of £172,626 means this house is valued at £2,877 per sq meter (£267 per sq foot).
The average size of a house on HIGH STREET is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Featherby Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Featherby Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Featherby Place |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Featherby Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Featherby Place |