£87,682
This estimated value is based upon the latest sale price for the house of £48,000 on 26 Sep 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 26 Sep 2005 |
| £21,000 | 30 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 September 2005 the House Price Index for LINCOLNSHIRE was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £48,000 results in an estimated price of approximately £87,682.
| 26 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £48,000 | £39,682 | £87,682 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 8.659 % | £4,156 | £52,156 |
| 3 Month Average | 36.957 % | £17,739 | £65,739 |
| 6 Month Average | 34.543 % | £16,580 | £64,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £90,794 | £90,000 | 13 RECTORY AVENUE |
| 17 Jul 2023 | £68,928 | £68,000 | 11 RECTORY AVENUE |
| 7 Jul 2023 | £72,982 | £72,000 | 47 TENNYSON STREET |
| 22 Jun 2023 | £35,429 | £35,000 | 59 TOWER STREET |
| 8 Jun 2023 | £65,797 | £65,000 | 8 CHARLES STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 12 Jul 2016. Using an estimated price of £87,682 means this house is valued at £782 per sq meter (£72 per sq foot).
The average size of a house on TOWER STREET is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tower Street | |
| Mar 2024 | Anti-social behaviour | On or near Tower Street | |
| Mar 2024 | Anti-social behaviour | On or near Tower Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Street |
| Mar 2024 | Anti-social behaviour | On or near Tower Street |