£206,096
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Dec 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Charles Street West
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| Price Paid | Date |
|---|---|
| £115,000 | 8 Dec 2008 |
| £68,500 | 17 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,290 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 2008 the House Price Index for LINCOLNSHIRE was 81.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.214%.Applying this 79.214% change to the original purchase price of £115,000 results in an estimated price of approximately £206,096.
| 8 Dec 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 146.7 | 79.214 % | £115,000 | £91,096 | £206,096 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 4.232 % | £4,866 | £119,866 |
| 3 Month Average | 25.736 % | £29,596 | £144,596 |
| 6 Month Average | 30.042 % | £34,548 | £149,548 |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 23 Sep 2008.
The average size of a house on NEWLAND STREET WEST is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Charles Street West |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Charles Street West |
| Mar 2024 | Anti-social behaviour | On or near Charles Street West | |
| Feb 2024 | Other crime | Under investigation | On or near Charles Street West |
| Jan 2024 | Burglary | Under investigation | On or near Charles Street West |