£92,511
This estimated value is based upon the latest sale price for the house of £62,500 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,500 | 28 Apr 2015 |
| £56,000 | 15 Jul 2014 |
| £46,500 | 30 Dec 2002 |
| £20,000 | 14 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 April 2015 the House Price Index for LINCOLNSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £62,500 results in an estimated price of approximately £92,511.
| 28 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £62,500 | £30,011 | £92,511 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 36.888 % | £23,055 | £85,555 |
| 3 Month Average | 28.349 % | £17,718 | £80,218 |
| 6 Month Average | 26.338 % | £16,461 | £78,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £170,000 | £170,000 | ELDER COTTAGE, 130A VICTORIA ROAD |
| 9 May 2024 | £118,500 | £118,500 | 8 MARINA ROAD |
| 12 Oct 2023 | £166,788 | £163,000 | 138 GEORGE STREET |
| 5 Apr 2023 | £81,525 | £80,000 | UNITS 1 AND, 2 KING STREET |
| 19 Aug 2022 | £175,822 | £175,000 | 6 ELM AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Feb 2015. Using an estimated price of £92,511 means this house is valued at £1,423 per sq meter (£132 per sq foot).
The average size of a house on GEORGE STREET is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near King Street | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Street |
| Jul 2024 | Other crime | Under investigation | On or near George Street |