£116,728
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 3 Nov 2023 |
| £63,000 | 24 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £115,000 results in an estimated price of approximately £116,728.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £115,000 | £1,728 | £116,728 |
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 | 71.215 % | £81,896 | £196,896 |
| 3 Month Average | -4.965 % | £-5,709 | £109,290 |
| 6 Month Average | 6.048 % | £6,954 | £121,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £127,226 | £125,000 | 6 WELLESLEY CLOSE |
| 3 Nov 2023 | £116,728 | £115,000 | 53 WATERLOO STREET |
| 18 Aug 2023 | £413,618 | £410,000 | 59 WATERLOO STREET |
| 8 Feb 2023 | £272,317 | £272,500 | 38 LADY FRANCES DRIVE |
| 31 Jan 2023 | £85,099 | £85,500 | 38 WATERLOO STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Jan 2014. Using an estimated price of £116,728 means this house is valued at £1,423 per sq meter (£132 per sq foot).
The average size of a house on WATERLOO STREET is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Waterloo Street |