£136,539
This estimated value is based upon the latest sale price for the house of £86,500 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£86,500 | 29 Feb 2008 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 February 2008 the House Price Index for LINCOLNSHIRE was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £86,500 results in an estimated price of approximately £136,539.
29 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £86,500 | £50,039 | £136,539 |
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 | 15.734 % | £13,610 | £100,110 |
3 Month Average | 17.959 % | £15,534 | £102,034 |
6 Month Average | 31.498 % | £27,245 | £113,745 |
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 |
22 Sep 2023 | £145,201 | £142,000 | 72 SINCIL BANK |
22 Sep 2023 | £107,367 | £105,000 | 84 SINCIL BANK |
21 Sep 2023 | £117,592 | £115,000 | 70 SCORER STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 Jul 2015. Using an estimated price of £136,539 means this house is valued at £1,896 per sq meter (£176 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 | Other theft | Investigation complete; no suspect identified | On or near Sincil Bank |