£169,874
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Jan 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 25 Jan 2017 |
| £120,000 | 20 Jan 2016 |
| £65,000 | 13 Mar 2013 |
| £50,000 | 16 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2017 the House Price Index for LINCOLNSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £130,000 results in an estimated price of approximately £169,874.
| 25 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £130,000 | £39,874 | £169,874 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 106.707 % | £138,719 | £268,719 |
| 3 Month Average | 31.592 % | £41,069 | £171,069 |
| 6 Month Average | 21.985 % | £28,580 | £158,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £71,247 | £70,000 | 67A VICTORIA ROAD |
| 27 Jun 2023 | £213,587 | £211,000 | 47 VICTORIA ROAD |
| 27 Jul 2022 | £315,850 | £315,000 | 12 ADMIRALTY ROAD |
| 15 Jul 2022 | £215,580 | £215,000 | 6 ADMIRALTY ROAD |
| 15 Jul 2022 | £165,445 | £165,000 | 65A VICTORIA ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Apr 2015. Using an estimated price of £169,875 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on VICTORIA ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Bus/Coach Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bus/Coach Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Knowle Street |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |