£124,862
This estimated value is based upon the latest sale price for the house of £122,500 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,500 | 8 Dec 2023 |
| £86,000 | 22 Jun 2018 |
| £60,000 | 18 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 631 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 December 2023 the House Price Index for LINCOLNSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £122,500 results in an estimated price of approximately £124,862.
| 8 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £122,500 | £2,362 | £124,862 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -67.680 % | £-82,908 | £39,591 |
| 3 Month Average | -37.076 % | £-45,418 | £77,081 |
| 6 Month Average | -19.770 % | £-24,217 | £98,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £115,000 | £115,000 | 60 FOUNDRY STREET |
| 8 Dec 2023 | £124,862 | £122,500 | 58 FOUNDRY STREET |
| 17 Nov 2023 | £103,326 | £102,000 | 78 FOUNDRY STREET |
| 10 Mar 2023 | £100,543 | £100,000 | 8 PARADISE ROW |
| 18 Jan 2023 | £109,042 | £110,000 | 5 PARADISE ROW |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 27 Oct 2011. Using an estimated price of £124,862 means this house is valued at £2,127 per sq meter (£197 per sq foot).
The average size of a house on FOUNDRY STREET is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gas Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gas Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Steadman Court |
| Jan 2024 | Anti-social behaviour | On or near East Street | |
| Jan 2024 | Anti-social behaviour | On or near East Street |