£173,405
This estimated value is based upon the latest sale price for the house of £90,000 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 20 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 35 sq meters or 376 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 August 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £90,000 results in an estimated price of approximately £173,405.
| 20 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £90,000 | £83,405 | £173,405 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 18.172 % | £16,355 | £106,355 |
| 3 Month Average | 76.069 % | £68,461 | £158,461 |
| 6 Month Average | 89.554 % | £80,598 | £170,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £305,823 | £301,913 | UNIT 12 PHOENIX WORKS SOUTH STREET |
| 7 Sep 2023 | £91,166 | £90,000 | 3A INGRAM ROW |
| 1 Jun 2023 | £80,981 | £80,000 | FLAT 2 SCHOFIELD HOUSE, 3 - 5 BRIDGE STREET |
| 1 Jun 2023 | £106,287 | £105,000 | FLAT 5 SCHOFIELD HOUSE, 3 - 5 BRIDGE STREET |
| 1 Jun 2023 | £121,471 | £120,000 | FLAT 4 SCHOFIELD HOUSE, 3 - 5 BRIDGE STREET |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 3 Jun 2019. Using an estimated price of £173,406 means this house is valued at £4,954 per sq meter (£460 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Dec 2023 | Anti-social behaviour | On or near Church Lane | |
| Dec 2023 | Anti-social behaviour | On or near Church Lane |