£230,731
This estimated value is based upon the latest sale price for the house of £117,500 on 12 Jul 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£117,500 | 12 Jul 2004 |
Terraced |
Freehold |
Floor Area: 155 sq meters or 1,668 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 July 2004 the House Price Index for LINCOLNSHIRE was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £117,500 results in an estimated price of approximately £230,731.
12 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £117,500 | £113,231 | £230,731 |
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 | 8.280 % | £9,728 | £127,228 |
3 Month Average | 54.049 % | £63,507 | £181,007 |
6 Month Average | 66.785 % | £78,472 | £195,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £138,200 | £137,000 | 13 LINTON STREET |
17 Nov 2023 | £194,949 | £190,000 | 59 CANWICK ROAD |
5 Oct 2023 | £76,743 | £75,000 | 2 THESIGER STREET |
30 Nov 2022 | £129,395 | £130,000 | 9 LINTON STREET |
29 Jul 2022 | £118,184 | £117,000 | 25 ST ANDREWS STREET |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 22 Oct 2019. Using an estimated price of £230,731 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on CANWICK ROAD is 131 sq meters (1,412 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near A1434 | |
Aug 2024 | Anti-social behaviour | On or near A1434 | |
Aug 2024 | Anti-social behaviour | On or near A1434 |