£136,364
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 9 Aug 2019 |
£31,000 | 18 Jun 1999 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £110,000 results in an estimated price of approximately £136,364.
9 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £110,000 | £26,364 | £136,364 |
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 | 8.895 % | £9,784 | £119,784 |
3 Month Average | -0.201 % | £-220 | £109,779 |
6 Month Average | -0.088 % | £-96 | £109,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £121,872 | £120,000 | 4 SOUTH PARK |
8 Dec 2023 | £105,234 | £102,000 | FLAT 3 SPENCER COURT SPENCER STREET |
17 Nov 2023 | £148,777 | £145,000 | 32 SPENCER STREET |
27 Oct 2023 | £287,019 | £280,500 | 9 SOUTH PARK |
13 Oct 2023 | £76,743 | £75,000 | APARTMENT 1 WAREHOUSE APARTMENTS GIBBESON STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 25 Jan 2019. Using an estimated price of £136,364 means this house is valued at £1,604 per sq meter (£149 per sq foot).
The average size of a house on SPENCER STREET is 76 sq meters (827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Street |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Spencer Street |
Sep 2024 | Drugs | Under investigation | On or near Spencer Street |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Spencer Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spencer Street |