£113,437
This estimated value is based upon the latest sale price for the house of £73,000 on 21 Mar 2014. 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 Queen'S Road
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| Price Paid | Date |
|---|---|
| £73,000 | 21 Mar 2014 |
| £72,000 | 31 Oct 2005 |
| £72,000 | 9 Dec 2004 |
| 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 March 2014 the House Price Index for LINCOLNSHIRE was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £73,000 results in an estimated price of approximately £113,437.
| 21 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £73,000 | £40,437 | £113,437 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 38.256 % | £27,926 | £100,926 |
| 3 Month Average | 30.134 % | £21,997 | £94,997 |
| 6 Month Average | 41.879 % | £30,571 | £103,571 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 31 May 2013.
The average size of a house on FREISTON ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Queen'S Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Road |
| Dec 2023 | Possession of weapons | Under investigation | On or near Queen'S Road |