£152,030
This estimated value is based upon the latest sale price for the house of £122,500 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,500 | 8 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 December 2017 the House Price Index for LINCOLNSHIRE was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £122,500 results in an estimated price of approximately £152,030.
| 8 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £122,500 | £29,530 | £152,030 |
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 | -29.576 % | £-36,230 | £86,269 |
| 3 Month Average | -4.338 % | £-5,313 | £117,186 |
| 6 Month Average | 10.637 % | £13,029 | £135,529 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Aug 2017.
The average size of a house on QUEEN MARY ROAD is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Queen Mary Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Mary Road |
| Mar 2024 | Burglary | Under investigation | On or near Welland Road |
| Jan 2024 | Burglary | Under investigation | On or near Welland Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Welland Road |