£112,934
This estimated value is based upon the latest sale price for the house of £81,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 4 Dec 2015 |
| £60,000 | 29 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £81,000 results in an estimated price of approximately £112,934.
| 4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £81,000 | £31,934 | £112,934 |
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 | 112.146 % | £90,838 | £171,838 |
| 3 Month Average | 42.350 % | £34,303 | £115,303 |
| 6 Month Average | 36.773 % | £29,786 | £110,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £130,000 | £130,000 | 35 HIGH STREET |
| 13 Dec 2023 | £159,914 | £155,000 | 14 HAMERTON LANE |
| 30 Nov 2023 | £153,855 | £149,950 | 16 HAMERTON LANE |
| 20 Nov 2023 | £153,907 | £150,000 | 10 HAMERTON LANE |
| 14 Nov 2023 | £148,777 | £145,000 | 6 HAMERTON LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 1 Dec 2014. Using an estimated price of £112,935 means this house is valued at £1,568 per sq meter (£145 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Waring Street | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waring Street |
| Oct 2024 | Anti-social behaviour | On or near Waring Street | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Waring Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waring Street |