£261,881
This estimated value is based upon the latest sale price for the house of £199,950 on 6 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £199,950 | 6 Feb 2017 |
| £175,000 | 19 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 February 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £199,950 results in an estimated price of approximately £261,881.
| 6 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £199,950 | £61,931 | £261,881 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 21.255 % | £42,499 | £242,449 |
| 3 Month Average | 26.120 % | £52,226 | £252,176 |
| 6 Month Average | 24.425 % | £48,838 | £248,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £127,905 | £125,000 | 38 WILLESBY ROAD |
| 31 Aug 2023 | £150,667 | £147,950 | 46 COMMERCIAL ROAD |
| 31 Aug 2023 | £188,398 | £185,000 | 2A OSIER ROAD |
| 15 Aug 2023 | £133,406 | £131,000 | 52 COMMERCIAL ROAD |
| 1 Mar 2023 | £198,312 | £195,000 | 24 COMMERCIAL ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 9 Apr 2016. Using an estimated price of £261,881 means this house is valued at £2,338 per sq meter (£217 per sq foot).
The average size of a house on ALBION STREET is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albion Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Chambers Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chambers Court |
| Sep 2024 | Anti-social behaviour | On or near Chambers Court | |
| Sep 2024 | Drugs | Under investigation | On or near Chambers Court |