£358,165
This estimated value is based upon the latest sale price for the house of £282,000 on 22 Aug 2017. 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 |
|---|---|
| £282,000 | 22 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2017 the House Price Index for LINCOLNSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £282,000 results in an estimated price of approximately £358,165.
| 22 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £282,000 | £76,165 | £358,165 |
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 | 48.428 % | £136,566 | £418,566 |
| 3 Month Average | 14.542 % | £41,009 | £323,009 |
| 6 Month Average | 39.725 % | £112,024 | £394,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 6 Jun 2023 | £496,003 | £489,995 | 12 QUEEN STREET |
| 5 Apr 2023 | £625,737 | £619,000 | 55 QUEEN STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Jun 2017. Using an estimated price of £358,165 means this house is valued at £4,533 per sq meter (£421 per sq foot).
The average size of a house on VICTORIA ROAD is 156 sq meters (1,687 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 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 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Feb 2024 | Anti-social behaviour | On or near Tolethorpe Square |