£160,796
This estimated value is based upon the latest sale price for the house of £34,000 on 12 Jun 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£34,000 | 12 Jun 1998 |
£32,000 | 22 Feb 1996 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 545 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 1998 the House Price Index for LINCOLNSHIRE was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £34,000 results in an estimated price of approximately £160,796.
12 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £34,000 | £126,796 | £160,796 |
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 | 299.651 % | £101,881 | £135,881 |
3 Month Average | 321.169 % | £109,197 | £143,197 |
6 Month Average | 356.555 % | £121,228 | £155,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £128,256 | £125,000 | 41 WILSON STREET |
23 Jan 2023 | £118,316 | £118,000 | 49 WILSON STREET |
11 Aug 2022 | £180,846 | £180,000 | 56 WILSON STREET |
11 Aug 2022 | £120,564 | £120,000 | 34 KINGSLEY STREET |
30 Jun 2022 | £153,276 | £150,000 | 57 WILSON STREET |
This house has a floor area of 50 sq meters or 545 sq feet when measured on 27 Sep 2010. Using an estimated price of £160,797 means this house is valued at £3,174 per sq meter (£294 per sq foot).
The average size of a house on WILSON STREET is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Castle Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Castle Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Castle Street |
Aug 2024 | Anti-social behaviour | On or near Castle Street | |
Aug 2024 | Anti-social behaviour | On or near Castle Street |