£120,019
This estimated value is based upon the latest sale price for the house of £118,000 on 26 May 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 26 May 2023 |
| £99,950 | 3 Sep 2018 |
| £78,000 | 19 Jan 2011 |
| £33,000 | 4 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 755 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 May 2023 the House Price Index for LINCOLNSHIRE was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £118,000 results in an estimated price of approximately £120,019.
| 26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £118,000 | £2,019 | £120,019 |
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 | -60.086 % | £-70,902 | £47,097 |
| 3 Month Average | -7.403 % | £-8,735 | £109,264 |
| 6 Month Average | 26.564 % | £31,345 | £149,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £201,765 | £200,000 | 37 FOUNDRY STREET |
| 16 Feb 2023 | £159,892 | £160,000 | 51 QUEEN STREET |
| 25 Jan 2023 | £170,696 | £171,500 | 16 THE CRESCENT |
| 5 Aug 2022 | £114,691 | £115,000 | 15 MAREHAM ROAD |
| 29 Jul 2022 | £206,556 | £206,000 | 50 QUEEN STREET |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 15 Jul 2010.
The average size of a house on FOUNDRY STREET is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gas Street |
| Feb 2024 | Burglary | Under investigation | On or near Bargate Lane |
| Mar 2024 | Possession of weapons | Under investigation | On or near The Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Feb 2024 | Anti-social behaviour | On or near The Crescent |