£105,966
This estimated value is based upon the latest sale price for the house of £99,950 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£99,950 | 31 Jan 2022 |
£71,000 | 21 Jan 2010 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £99,950 results in an estimated price of approximately £105,966.
31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £99,950 | £6,016 | £105,966 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 8.424 % | £8,419 | £108,369 |
3 Month Average | -0.685 % | £-684 | £99,265 |
6 Month Average | -3.146 % | £-3,144 | £96,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £92,853 | £90,000 | 29 WILLOUGHBY ROAD |
11 Dec 2023 | £89,758 | £87,000 | 29 BROWNS ROAD |
26 Apr 2023 | £126,364 | £124,000 | 16 HOSPITAL LANE |
5 Jan 2023 | £108,289 | £108,000 | 2 BROWNS ROAD |
28 Oct 2022 | £89,700 | £90,000 | 2 MAFEKING TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Feb 2014. Using an estimated price of £105,967 means this house is valued at £1,558 per sq meter (£144 per sq foot).
The average size of a house on HOSPITAL LANE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brown'S Road |
Jul 2024 | Anti-social behaviour | On or near St Leonards Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital Lane |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hospital Lane |
Apr 2024 | Anti-social behaviour | On or near Hospital Lane |