£70,832
This estimated value is based upon the latest sale price for the house of £45,000 on 19 Mar 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£45,000 | 19 Mar 2014 |
£92,000 | 27 Sep 2013 |
£44,500 | 7 Jul 2004 |
£50,000 | 1 Jul 2004 |
£27,500 | 1 Mar 2000 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 March 2014 the House Price Index for LINCOLNSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £45,000 results in an estimated price of approximately £70,832.
19 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £45,000 | £25,832 | £70,832 |
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 | -23.460 % | £-10,556 | £34,443 |
3 Month Average | 38.837 % | £17,476 | £62,476 |
6 Month Average | 55.846 % | £25,130 | £70,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £167,529 | £165,500 | 2 OLD PADDOCK COURT |
12 Jun 2023 | £131,594 | £130,000 | 6 OLD PADDOCK COURT |
29 Jun 2022 | £253,584 | £250,000 | 3 THE ROPEWALK |
31 May 2022 | £112,112 | £110,000 | 24 OLD BAIN COURT CONGING STREET |
25 Apr 2022 | £125,635 | £122,000 | 2 MALTINGS COURT MILL LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Oct 2021. Using an estimated price of £70,833 means this house is valued at £853 per sq meter (£79 per sq foot).
The average size of a house on NORTH STREET is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Mill Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
Mar 2024 | Vehicle crime | Under investigation | On or near Mill Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |