£209,889
This estimated value is based upon the latest sale price for the house of £135,000 on 11 Oct 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£135,000 | 11 Oct 2007 |
£42,000 | 28 Feb 2001 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2007 the House Price Index for LINCOLNSHIRE was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £135,000 results in an estimated price of approximately £209,889.
11 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £135,000 | £74,889 | £209,889 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -3.522 % | £-4,754 | £130,245 |
3 Month Average | 25.067 % | £33,840 | £168,840 |
6 Month Average | 35.411 % | £47,805 | £182,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £172,202 | £170,000 | 18 ST NICHOLAS STREET |
5 Jul 2023 | £245,808 | £242,500 | 27 MILDMAY STREET |
8 Aug 2022 | £226,889 | £227,500 | 7 MILDMAY STREET |
27 May 2022 | £144,727 | £142,000 | 29 ST NICHOLAS STREET |
30 Mar 2022 | £227,978 | £220,000 | 13 MILDMAY STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Aug 2021. Using an estimated price of £209,889 means this house is valued at £3,180 per sq meter (£295 per sq foot).
The average size of a house on SPITAL STREET is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Wake Street |
Feb 2024 | Anti-social behaviour | On or near Wake Street | |
Feb 2024 | Anti-social behaviour | On or near Wake Street | |
Feb 2024 | Public order | Under investigation | On or near Wake Street |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Wake Street |