£192,806
This estimated value is based upon the latest sale price for the house of £144,950 on 1 Jun 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,950 | 1 Jun 2016 |
| £67,500 | 18 Feb 1998 |
| £59,000 | 22 Nov 1996 |
| £67,000 | 9 Aug 1996 |
| £85,000 | 12 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 2016 the House Price Index for LINCOLNSHIRE was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £144,950 results in an estimated price of approximately £192,806.
| 1 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £144,950 | £47,856 | £192,806 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 36.059 % | £52,266 | £197,216 |
| 3 Month Average | 60.157 % | £87,197 | £232,147 |
| 6 Month Average | 38.346 % | £55,581 | £200,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £240,814 | £240,000 | 47 CAISTOR ROAD |
| 10 Nov 2023 | £167,146 | £165,000 | 11 CHURCH MILL CLOSE |
| 31 Aug 2023 | £352,141 | £350,000 | 43 CAISTOR ROAD |
| 12 Jul 2023 | £128,213 | £127,000 | 7 GEORGE STREET |
| 26 Apr 2023 | £176,310 | £175,000 | 4 CHURCH MILL CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Mar 2016. Using an estimated price of £192,806 means this house is valued at £1,987 per sq meter (£184 per sq foot).
The average size of a house on CHURCH MILL CLOSE is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Church Street |
| Jan 2024 | Anti-social behaviour | On or near Church Street | |
| Jan 2024 | Anti-social behaviour | On or near Church Street | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Street |