£96,880
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near King Street East
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| Price Paid | Date |
|---|---|
| £70,000 | 8 Dec 2015 |
| £80,000 | 2 Feb 2009 |
| £65,000 | 14 Jul 2004 |
| £42,950 | 14 Mar 2003 |
| £33,500 | 25 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 December 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £70,000 results in an estimated price of approximately £96,880.
| 8 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £70,000 | £26,880 | £96,880 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 25.427 % | £17,798 | £87,798 |
| 3 Month Average | 41.130 % | £28,791 | £98,791 |
| 6 Month Average | 25.731 % | £18,011 | £88,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £46,406 | £46,000 | 1 THORNDIKE COURT KING STREET |
| 17 Jul 2023 | £136,842 | £135,000 | 2 KING STREET |
| 21 Apr 2023 | £59,642 | £59,000 | 26 CLINTON TERRACE |
| 23 Mar 2023 | £3,595,154 | £3,561,283 | BRIDGE FILLING STATION BRIDGE ROAD |
| 28 Apr 2022 | £47,371 | £46,000 | 5 PORTLAND TERRACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 28 Mar 2018. Using an estimated price of £96,881 means this house is valued at £1,761 per sq meter (£163 per sq foot).
The average size of a house on KING STREET is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near King Street East |
| Feb 2024 | Burglary | Under investigation | On or near King Street East |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street East |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bridge Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bridge Road |