£118,785
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Jul 2022 |
| £95,000 | 4 Feb 2016 |
| £80,000 | 24 Jul 2008 |
| £115,000 | 27 Apr 2007 |
| £95,000 | 29 Oct 2004 |
| £40,000 | 5 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 July 2022 the House Price Index for LINCOLNSHIRE was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £120,000 results in an estimated price of approximately £118,785.
| 8 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £120,000 | £-1,214 | £118,785 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -19.471 % | £-23,365 | £96,634 |
| 3 Month Average | -16.499 % | £-19,798 | £100,201 |
| 6 Month Average | -8.251 % | £-9,901 | £110,098 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 19 Mar 2018.
The average size of a house on VICTORIA PLACE is 471 sq meters (5,075 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Terrace | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Terrace |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Victoria Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Terrace |