£85,227
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 12 Jan 2023 |
| £55,000 | 16 Jun 2020 |
| £50,000 | 28 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £85,000 results in an estimated price of approximately £85,227.
| 12 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £85,000 | £227 | £85,227 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | -12.538 % | £-10,657 | £74,342 |
| 3 Month Average | -5.544 % | £-4,712 | £80,287 |
| 6 Month Average | 1.694 % | £1,439 | £86,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £156,985 | £153,000 | 10 - 12 THE TERRACE |
| 15 Nov 2023 | £135,438 | £132,000 | 4A THE TERRACE |
| 6 Nov 2023 | £235,990 | £230,000 | 26 - 28 MARKET STREET |
| 20 Oct 2023 | £104,370 | £102,000 | 30 REYNARD STREET |
| 13 Sep 2023 | £86,916 | £85,000 | 11 FRANKLIN SQUARE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Jul 2012. Using an estimated price of £85,228 means this house is valued at £1,420 per sq meter (£131 per sq foot).
The average size of a house on FRANKLIN SQUARE is 114 sq meters (1,232 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Other theft | Under investigation | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Stones Lane | |
| Jul 2024 | Anti-social behaviour | On or near Stones Lane |