£160,303
This estimated value is based upon the latest sale price for the house of £94,500 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Craven Street
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| Price Paid | Date |
|---|---|
| £94,500 | 29 Sep 2006 |
| £25,000 | 9 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 September 2006 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.633%.Applying this 69.633% change to the original purchase price of £94,500 results in an estimated price of approximately £160,303.
| 29 Sep 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.0 | 69.633 % | £94,500 | £65,803 | £160,303 |
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 | 66.890 % | £63,211 | £157,711 |
| 3 Month Average | 45.810 % | £43,290 | £137,790 |
| 6 Month Average | 41.914 % | £39,609 | £134,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £159,694 | £159,694 | 1 WEBB STREET |
| 12 Dec 2023 | £110,083 | £108,000 | 10 CRAVEN STREET |
| 1 Dec 2023 | £161,047 | £158,000 | 25 WEBB STREET |
| 27 Nov 2023 | £91,170 | £90,000 | 36 BARGATE |
| 27 Jan 2023 | £163,563 | £165,000 | 63 WEBB STREET |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 24 Oct 2011. Using an estimated price of £160,304 means this house is valued at £2,168 per sq meter (£201 per sq foot).
The average size of a house on BARGATE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Craven Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craven Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Craven Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Craven Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Craven Street |