£192,206
This estimated value is based upon the latest sale price for the house of £185,000 on 18 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 18 Jan 2022 |
| £148,000 | 29 May 2020 |
| £112,000 | 25 Sep 2009 |
| £100,000 | 8 Aug 2003 |
| £47,000 | 8 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £185,000 results in an estimated price of approximately £192,206.
| 18 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £185,000 | £7,206 | £192,206 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | 1.335 % | £2,469 | £187,469 |
| 3 Month Average | -8.259 % | £-15,279 | £169,720 |
| 6 Month Average | -6.764 % | £-12,514 | £172,485 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Jan 2020.
The average size of a house on FRANKLIN AVENUE is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Trafalgar Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Merriemeade Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merriemeade Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marine Avenue |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Marine Avenue |