£89,819
This estimated value is based upon the latest sale price for the house of £60,000 on 29 Jan 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 29 Jan 2015 |
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 January 2015 the House Price Index for LINCOLNSHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £60,000 results in an estimated price of approximately £89,819.
29 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £60,000 | £29,819 | £89,819 |
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 | -7.911 % | £-4,746 | £55,253 |
3 Month Average | 23.202 % | £13,921 | £73,921 |
6 Month Average | 34.130 % | £20,477 | £80,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £113,487 | £110,000 | 5 TROLLOPE STREET |
8 Sep 2023 | £119,637 | £117,000 | 42 CROSS STREET |
21 Aug 2023 | £137,480 | £135,000 | 66 PORTLAND STREET |
14 Mar 2023 | £123,055 | £121,000 | 90 PORTLAND STREET |
9 Feb 2023 | £90,605 | £90,000 | 27 CHELMSFORD STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Nov 2017. Using an estimated price of £89,820 means this house is valued at £1,095 per sq meter (£101 per sq foot).
The average size of a house on CHELMSFORD STREET is 74 sq meters (804 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Walnut Place | |
Sep 2024 | Anti-social behaviour | On or near Walnut Place | |
Aug 2024 | Anti-social behaviour | On or near Walnut Place | |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walnut Place |
Aug 2024 | Anti-social behaviour | On or near Walnut Place |