£113,598
This estimated value is based upon the latest sale price for the house of £93,000 on 13 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £93,000 | 13 Nov 2019 |
| £82,000 | 21 Jun 2010 |
| £43,000 | 15 Jun 2001 |
| £32,000 | 8 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £93,000 results in an estimated price of approximately £113,598.
| 13 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £93,000 | £20,598 | £113,598 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 36.550 % | £33,991 | £126,991 |
| 3 Month Average | 12.615 % | £11,731 | £104,731 |
| 6 Month Average | 9.239 % | £8,592 | £101,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £145,887 | £145,000 | 92 FOSTER STREET |
| 10 Jul 2023 | £124,175 | £123,000 | 114 THE OLD MILL PRINCESS STREET |
| 14 Apr 2023 | £143,063 | £142,000 | 22 FOSTER STREET |
| 7 Mar 2023 | £145,788 | £145,000 | 1 CROWN MILL VERNON STREET |
| 14 Oct 2022 | £114,794 | £116,500 | 90 THE OLD MILL PRINCESS STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Feb 2020. Using an estimated price of £113,599 means this house is valued at £1,695 per sq meter (£157 per sq foot).
The average size of a house on PRINCESS STREET is 71 sq meters (771 sq feet).