£38,819
This estimated value is based upon the latest sale price for the house of £20,000 on 16 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £20,000 | 16 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £20,000 results in an estimated price of approximately £38,819.
| 16 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £20,000 | £18,819 | £38,819 |
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 | 11.434 % | £2,286 | £22,286 |
| 3 Month Average | 50.202 % | £10,040 | £30,040 |
| 6 Month Average | 61.043 % | £12,208 | £32,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £120,042 | £119,000 | 16 MAPLE STREET |
| 2 Nov 2023 | £131,334 | £128,000 | 4 MAPLE STREET |
| 15 Sep 2023 | £161,561 | £158,000 | 17 BEECH STREET |
| 23 Jun 2023 | £117,352 | £115,000 | 17 ELDER STREET |
| 14 Mar 2023 | £125,089 | £123,000 | 61 MAPLE STREET |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 24 Nov 2021. Using an estimated price of £38,820 means this house is valued at £1,021 per sq meter (£94 per sq foot).
The average size of a house on LAUREL CLOSE is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Poplar Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Poplar Street |
| Aug 2024 | Anti-social behaviour | On or near Poplar Street | |
| Aug 2024 | Anti-social behaviour | On or near Poplar Street | |
| Aug 2024 | Anti-social behaviour | On or near Poplar Street |