£153,061
This estimated value is based upon the latest sale price for the house of £89,950 on 13 Oct 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£89,950 | 13 Oct 2006 |
£72,950 | 12 Mar 2004 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 747 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 October 2006 the House Price Index for LINCOLNSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £89,950 results in an estimated price of approximately £153,061.
13 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £89,950 | £63,111 | £153,061 |
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 | 36.868 % | £33,162 | £123,112 |
3 Month Average | 35.634 % | £32,053 | £122,003 |
6 Month Average | 45.578 % | £40,997 | £130,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £162,497 | £160,000 | 89 SINCIL BANK |
22 Sep 2023 | £145,201 | £142,000 | 72 SINCIL BANK |
22 Sep 2023 | £120,660 | £118,000 | 86 SCORER STREET |
22 Sep 2023 | £107,367 | £105,000 | 84 SINCIL BANK |
21 Sep 2023 | £117,592 | £115,000 | 70 SCORER STREET |
This house has a floor area of 69 sq meters or 747 sq feet when measured on 15 Oct 2009. Using an estimated price of £153,061 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on SCORER STREET is 84 sq meters (911 sq feet).