£78,631
This estimated value is based upon the latest sale price for the house of £73,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £73,000 | 17 Nov 2021 |
| £19,500 | 26 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £73,000 results in an estimated price of approximately £78,631.
| 17 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £73,000 | £5,631 | £78,631 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 9.500 % | £6,935 | £79,935 |
| 3 Month Average | 12.156 % | £8,873 | £81,873 |
| 6 Month Average | 5.815 % | £4,244 | £77,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £114,697 | £114,000 | 26 GEORGE STREET |
| 5 Apr 2023 | £115,861 | £115,000 | 72 CASTLEGATE |
| 19 Jan 2023 | £156,129 | £157,500 | 1 GROVE END ROAD |
| 19 Aug 2022 | £129,128 | £130,000 | THE MOT CENTRE, 71 CASTLEGATE |
| 20 May 2022 | £109,122 | £107,500 | 6 GEORGE STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 2 Dec 2015. Using an estimated price of £78,632 means this house is valued at £1,872 per sq meter (£173 per sq foot).
The average size of a house on EAST STREET is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near East Street |
| Mar 2024 | Anti-social behaviour | On or near East Street | |
| Mar 2024 | Anti-social behaviour | On or near East Street | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near East Street |