£251,954
This estimated value is based upon the latest sale price for the house of £246,400 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £246,400 | 1 Sep 2023 |
| £90,000 | 7 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,137 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £246,400 results in an estimated price of approximately £251,954.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £246,400 | £5,554 | £251,954 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -1.418 % | £-3,493 | £242,906 |
| 3 Month Average | -4.989 % | £-12,292 | £234,107 |
| 6 Month Average | 1.734 % | £4,271 | £250,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £153,907 | £150,000 | 13 CHARLES STREET WEST |
| 3 Nov 2023 | £174,428 | £170,000 | 35 GRESHAM STREET |
| 1 Sep 2023 | £251,954 | £246,400 | 87 WEST PARADE |
| 14 Aug 2023 | £170,577 | £167,500 | 5 CHARLES STREET WEST |
| 10 Mar 2023 | £246,619 | £242,500 | 156 WEST PARADE |
This house has a floor area of 105 sq meters or 1,137 sq feet when measured on 10 Jan 2012. Using an estimated price of £251,954 means this house is valued at £2,384 per sq meter (£221 per sq foot).
The average size of a house on WEST PARADE is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Charles Street West | |
| Oct 2024 | Anti-social behaviour | On or near Charles Street West | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Charles Street West |
| Oct 2024 | Anti-social behaviour | On or near Charles Street West | |
| Sep 2024 | Other theft | Under investigation | On or near Charles Street West |