£125,057
This estimated value is based upon the latest sale price for the house of £87,500 on 10 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £87,500 | 10 Aug 2015 |
| £53,000 | 30 Sep 2014 |
| £30,000 | 10 Jan 2000 |
| £28,000 | 15 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £87,500 results in an estimated price of approximately £125,057.
| 10 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £87,500 | £37,557 | £125,057 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 19.034 % | £16,654 | £104,154 |
| 3 Month Average | 16.515 % | £14,451 | £101,951 |
| 6 Month Average | 27.740 % | £24,272 | £111,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £89,018 | £87,700 | 45 FRAMPTON PLACE |
| 11 Jul 2023 | £81,091 | £80,000 | 39 FRAMPTON PLACE |
| 13 Jun 2023 | £161,911 | £159,950 | 55 FRAMPTON PLACE |
| 7 Mar 2023 | £126,189 | £125,000 | 5 SLEAFORD ROAD |
| 26 Oct 2022 | £106,355 | £107,500 | 49 FRAMPTON PLACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Jun 2020. Using an estimated price of £125,057 means this house is valued at £1,689 per sq meter (£157 per sq foot).
The average size of a house on ALBERT TERRACE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Albert Terrace |
| Mar 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Albert Terrace |