£89,262
This estimated value is based upon the latest sale price for the house of £81,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Corn Close
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| Price Paid | Date |
|---|---|
| £81,000 | 29 Oct 2021 |
| £69,000 | 13 May 2005 |
| £40,000 | 19 Jun 2003 |
| £14,000 | 8 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 October 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £81,000 results in an estimated price of approximately £89,262.
| 29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £81,000 | £8,262 | £89,262 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -20.486 % | £-16,593 | £64,406 |
| 3 Month Average | -21.257 % | £-17,217 | £63,782 |
| 6 Month Average | -2.806 % | £-2,272 | £78,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £101,928 | £100,000 | 10 STOURTON PLACE |
| 25 Aug 2023 | £337,050 | £335,000 | 6 CORN CLOSE |
| 18 Aug 2023 | £84,514 | £84,000 | 28 STOURTON PLACE |
| 15 Aug 2023 | £196,193 | £195,000 | 21 ASHWOOD CLOSE |
| 25 Apr 2023 | £178,325 | £177,000 | 67 - 69 PROSPECT STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 14 Oct 2021. Using an estimated price of £89,263 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on PROSPECT STREET is 81 sq meters (880 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Corn Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |