£125,805
This estimated value is based upon the latest sale price for the house of £80,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 28 Sep 2007 |
| £18,000 | 13 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2007 the House Price Index for LINCOLNSHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £80,000 results in an estimated price of approximately £125,805.
| 28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £80,000 | £45,805 | £125,805 |
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 | 37.866 % | £30,292 | £110,292 |
| 3 Month Average | 31.047 % | £24,837 | £104,837 |
| 6 Month Average | 38.865 % | £31,092 | £111,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £115,000 | £115,000 | 8 NELTHORPE STREET |
| 26 Mar 2024 | £162,497 | £160,000 | 89 SINCIL BANK |
| 23 Nov 2023 | £107,735 | £105,000 | 49 THESIGER STREET |
| 22 Sep 2023 | £107,367 | £105,000 | 84 SINCIL BANK |
| 22 Sep 2023 | £145,201 | £142,000 | 72 SINCIL BANK |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Apr 2012. Using an estimated price of £125,806 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on SINCIL BANK is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelthorpe Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sincil Bank |