£114,055
This estimated value is based upon the latest sale price for the house of £94,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£94,000 | 19 Mar 2020 |
£104,000 | 17 Feb 2016 |
£97,000 | 21 Nov 2011 |
£122,000 | 21 Sep 2007 |
£98,000 | 17 Dec 2004 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £94,000 results in an estimated price of approximately £114,055.
19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £94,000 | £20,055 | £114,055 |
The Postcode Pricing Model uses changes in average sales price within the PE10 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 | 0.821 % | £771 | £94,771 |
3 Month Average | 28.648 % | £26,928 | £120,928 |
6 Month Average | 21.395 % | £20,111 | £114,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £132,208 | £130,000 | 16 MEADOWGATE |
15 Mar 2023 | £167,802 | £165,000 | 96 NORTH STREET |
27 Jan 2022 | £289,434 | £273,000 | 21 MEADOWGATE |
14 Dec 2021 | £188,879 | £175,000 | 1 NORMAN MEWS |
27 Sep 2021 | £358,341 | £330,095 | 49 MEADOWGATE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Sep 2021. Using an estimated price of £114,055 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on MEADOWGATE is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Meadow Gate | |
Sep 2024 | Anti-social behaviour | On or near Meadow Gate | |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near North Street |
Sep 2024 | Violence and sexual offences | Offender given a caution | On or near North Street |
Aug 2024 | Anti-social behaviour | On or near North Street |