£147,616
This estimated value is based upon the latest sale price for the house of £26,000 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£26,000 | 29 Feb 1996 |
Terraced |
Freehold |
Floor Area: 35 sq meters or 376 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 February 1996 the House Price Index for LINCOLNSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £26,000 results in an estimated price of approximately £147,616.
29 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £26,000 | £121,616 | £147,616 |
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 | 751.441 % | £195,374 | £221,374 |
3 Month Average | 480.408 % | £124,906 | £150,906 |
6 Month Average | 357.436 % | £92,933 | £118,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £116,007 | £115,000 | 60 FOUNDRY STREET |
8 Dec 2023 | £126,384 | £122,500 | 58 FOUNDRY STREET |
17 Nov 2023 | £104,657 | £102,000 | 78 FOUNDRY STREET |
13 Oct 2023 | £116,138 | £113,500 | 25 FOUNDRY STREET |
8 Sep 2023 | £289,379 | £283,000 | 6E QUEEN STREET |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 30 Apr 2019. Using an estimated price of £147,616 means this house is valued at £4,217 per sq meter (£391 per sq foot).
The average size of a house on EAST STREET is 98 sq meters (1,065 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (376 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Water Lane | |
Jun 2024 | Drugs | Under investigation | On or near Water Lane |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Lane |
Jul 2024 | Drugs | Awaiting court outcome | On or near East Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Steadman Court |