£125,699
This estimated value is based upon the latest sale price for the house of £123,500 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£123,500 | 1 Dec 2023 |
£31,000 | 28 Dec 1997 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £123,500 results in an estimated price of approximately £125,699.
1 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £123,500 | £2,199 | £125,699 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -31.547 % | £-38,959 | £84,540 |
3 Month Average | 16.203 % | £20,010 | £143,510 |
6 Month Average | -4.793 % | £-5,918 | £117,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £125,699 | £123,500 | 59 EASTFIELD ROAD |
6 Sep 2023 | £253,238 | £250,000 | 55 EASTFIELD ROAD |
11 Aug 2023 | £206,809 | £205,000 | 70 CHESTNUT DRIVE |
20 Jul 2023 | £184,483 | £182,000 | 99 CHESTNUT DRIVE |
8 Jun 2023 | £120,459 | £119,000 | 57 EASTFIELD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 16 Jun 2016. Using an estimated price of £125,699 means this house is valued at £2,371 per sq meter (£220 per sq foot).
The average size of a house on EASTFIELD ROAD is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near The Riverbank |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Riverbank |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Eastfield Road |
Feb 2024 | Anti-social behaviour | On or near Eastfield Road | |
Feb 2024 | Anti-social behaviour | On or near Eastfield Road |