£147,222
This estimated value is based upon the latest sale price for the house of £132,500 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £132,500 | 6 Aug 2021 |
| £102,000 | 17 Dec 2015 |
| £113,000 | 14 Jul 2006 |
| £43,000 | 1 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £132,500 results in an estimated price of approximately £147,222.
| 6 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £132,500 | £14,722 | £147,222 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 65.031 % | £86,166 | £218,666 |
| 3 Month Average | 11.689 % | £15,488 | £147,988 |
| 6 Month Average | -8.921 % | £-11,820 | £120,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £140,761 | £140,000 | 11 PROSPECT PLACE |
| 14 Jul 2022 | £149,748 | £149,950 | 7 CHAPMAN STREET |
| 5 Jul 2022 | £357,517 | £358,000 | THE WALNUTS CHAPMAN STREET |
| 11 Mar 2022 | £242,538 | £235,000 | 29 WILLINGHAM ROAD |
| 8 Mar 2022 | £178,550 | £173,000 | CHARLIES COTTAGE CHAPMAN STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Jul 2014. Using an estimated price of £147,222 means this house is valued at £2,230 per sq meter (£207 per sq foot).
The average size of a house on CHAPMAN STREET is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Local resolution | On or near Petrol Station |