£304,548
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 Jun 2021 |
| £207,500 | 12 Apr 2019 |
| £12,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £285,000 results in an estimated price of approximately £304,548.
| 29 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £285,000 | £19,548 | £304,548 |
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 | -43.119 % | £-122,887 | £162,112 |
| 3 Month Average | -57.106 % | £-162,751 | £122,248 |
| 6 Month Average | -41.681 % | £-118,791 | £166,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £201,224 | £200,000 | 37 FOUNDRY STREET |
| 1 Mar 2023 | £120,652 | £120,000 | 10 ALBERT STREET |
| 27 Jan 2023 | £158,607 | £160,000 | 9 COWLING CLOSE |
| 21 Oct 2022 | £133,023 | £135,000 | 39A ALBERT STREET |
| 27 Jul 2022 | £97,868 | £98,000 | 155 FOUNDRY STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 30 Aug 2018. Using an estimated price of £304,549 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on ALBERT STREET is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Jessop Close | |
| Feb 2024 | Anti-social behaviour | On or near Jessop Close | |
| Feb 2024 | Anti-social behaviour | On or near Jessop Close |