£187,343
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Aug 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Aug 2012 |
| £120,000 | 11 May 2009 |
| £143,000 | 29 Oct 2007 |
| £122,200 | 8 Apr 2005 |
| £102,500 | 23 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £110,000 results in an estimated price of approximately £187,343.
| 10 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £110,000 | £77,343 | £187,343 |
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 | 84.200 % | £92,620 | £202,620 |
| 3 Month Average | 56.682 % | £62,349 | £172,349 |
| 6 Month Average | 91.107 % | £100,217 | £210,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £587,913 | £580,000 | 22 VICTORIA ROAD |
| 26 Jul 2023 | £522,026 | £515,000 | 16 VICTORIA ROAD |
| 19 Jul 2023 | £268,615 | £265,000 | 18 WORCESTER CRESCENT |
| 21 Feb 2023 | £234,842 | £235,000 | 6 CORNWALL ROAD |
| 4 Nov 2022 | £296,410 | £300,000 | 10 YORK ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Apr 2012. Using an estimated price of £187,344 means this house is valued at £2,433 per sq meter (£226 per sq foot).
The average size of a house on GLOUCESTER ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Road |
| Apr 2024 | Anti-social behaviour | On or near Sussex Road | |
| Feb 2024 | Anti-social behaviour | On or near Sussex Road | |
| Feb 2024 | Anti-social behaviour | On or near Sussex Road |