£506,080
This estimated value is based upon the latest sale price for the house of £265,000 on 14 Sep 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£265,000 | 14 Sep 2004 |
Detached |
Freehold |
Floor Area: 232 sq meters or 2,497 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 September 2004 the House Price Index for LINCOLNSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £265,000 results in an estimated price of approximately £506,080.
14 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £265,000 | £241,080 | £506,080 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | 50.696 % | £134,343 | £399,343 |
3 Month Average | 21.904 % | £58,046 | £323,046 |
6 Month Average | 95.148 % | £252,142 | £517,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £202,590 | £200,000 | THE BUNGALOW CHAPEL STREET |
25 Aug 2023 | £284,993 | £282,500 | 15 MILLERS WAY |
18 Aug 2023 | £151,324 | £150,000 | 9 CANDLEHOUSE LANE |
5 May 2022 | £261,936 | £257,000 | 1 MILL CLOSE |
21 Jan 2022 | £231,477 | £219,950 | 21 MILLERS WAY |
This house has a floor area of 232 sq meters or 2,497 sq feet when measured on 16 Oct 2015. Using an estimated price of £506,080 means this house is valued at £2,181 per sq meter (£202 per sq foot).
The average size of a house on EAST STREET is 161 sq meters (1,733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spendluffe Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spendluffe Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spendluffe Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Wilfrids Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near St Wilfrids Close |