£552,652
This estimated value is based upon the latest sale price for the house of £320,000 on 19 May 2011. 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 Victoria Road
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| Price Paid | Date |
|---|---|
| £320,000 | 19 May 2011 |
| £205,000 | 21 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,508 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 May 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £320,000 results in an estimated price of approximately £552,652.
| 19 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £320,000 | £232,652 | £552,652 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 131.697 % | £421,431 | £741,431 |
| 3 Month Average | 84.467 % | £270,295 | £590,295 |
| 6 Month Average | 116.427 % | £372,566 | £692,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £861,009 | £850,000 | 24 QUEEN STREET |
| 7 Sep 2023 | £334,274 | £330,000 | 32 QUEEN STREET |
| 4 Aug 2023 | £466,077 | £462,000 | 29 PRINCES ROAD |
| 26 Jul 2023 | £587,913 | £580,000 | 22 VICTORIA ROAD |
| 26 Jul 2023 | £522,026 | £515,000 | 16 VICTORIA ROAD |
This house has a floor area of 140 sq meters or 1,508 sq feet when measured on 16 Feb 2011. Using an estimated price of £552,652 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on KINGS ROAD is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Jan 2024 | Other theft | Under investigation | On or near Victoria Road |
| Mar 2024 | Drugs | Under investigation | On or near Princes Road |
| Feb 2024 | Anti-social behaviour | On or near Princes Road | |
| Feb 2024 | Anti-social behaviour | On or near Princes Road |