£151,315
This estimated value is based upon the latest sale price for the house of £114,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£114,000 | 18 Nov 2016 |
£96,000 | 12 Aug 2005 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 November 2016 the House Price Index for LINCOLNSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £114,000 results in an estimated price of approximately £151,315.
18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £114,000 | £37,315 | £151,315 |
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 | 9.360 % | £10,670 | £124,670 |
3 Month Average | 10.719 % | £12,219 | £126,219 |
6 Month Average | 13.918 % | £15,866 | £129,866 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2024 | £115,000 | £115,000 | 8 NELTHORPE STREET |
26 Mar 2024 | £162,497 | £160,000 | 89 SINCIL BANK |
23 Nov 2023 | £107,735 | £105,000 | 49 THESIGER STREET |
22 Sep 2023 | £107,367 | £105,000 | 84 SINCIL BANK |
22 Sep 2023 | £145,201 | £142,000 | 72 SINCIL BANK |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Apr 2016. Using an estimated price of £151,315 means this house is valued at £1,483 per sq meter (£137 per sq foot).
The average size of a house on SINCIL BANK is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelthorpe Street |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sincil Bank |