£594,063
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Jun 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 2 Jun 2003 |
£250,000 | 14 Jan 2003 |
Terraced |
Freehold |
Floor Area: 142 sq meters or 1,535 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 June 2003 the House Price Index for LINCOLNSHIRE was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £250,000 results in an estimated price of approximately £594,063.
2 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 149.7 | 137.625 % | £250,000 | £344,063 | £594,063 |
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 | 45.027 % | £112,567 | £362,567 |
3 Month Average | 103.098 % | £257,744 | £507,744 |
6 Month Average | 120.713 % | £301,781 | £551,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £142,571 | £140,000 | 17 MONSON STREET |
30 Jun 2023 | £79,085 | £77,500 | FLAT 5 40 MONSON STREET |
6 Oct 2022 | £101,660 | £102,000 | 3 MONSON MEWS |
28 Feb 2022 | £179,598 | £170,000 | 29 MONSON STREET |
22 Oct 2021 | £75,240 | £67,500 | 113 HERMIT STREET |
This house has a floor area of 142 sq meters or 1,535 sq feet when measured on 20 Dec 2008. Using an estimated price of £594,063 means this house is valued at £4,165 per sq meter (£386 per sq foot).
The average size of a house on PORTLAND STREET is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chaplin Street |
Oct 2024 | Anti-social behaviour | On or near Chaplin Street | |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chaplin Street |
Oct 2024 | Other theft | Under investigation | On or near Chaplin Street |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chaplin Street |