£153,107
This estimated value is based upon the latest sale price for the house of £125,500 on 9 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,500 | 9 Jun 2020 |
| £119,000 | 4 Oct 2005 |
| £37,500 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £125,500 results in an estimated price of approximately £153,107.
| 9 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £125,500 | £27,607 | £153,107 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | -1.482 % | £-1,860 | £123,639 |
| 3 Month Average | 10.339 % | £12,975 | £138,475 |
| 6 Month Average | 11.201 % | £14,057 | £139,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £141,226 | £140,000 | 67 LARNE ROAD |
| 9 Apr 2024 | £118,025 | £117,000 | 83 LARNE ROAD |
| 17 Mar 2023 | £139,835 | £137,500 | 75 LARNE ROAD |
| 24 Feb 2023 | £140,941 | £140,000 | 101 LARNE ROAD |
| 13 Jan 2023 | £130,348 | £130,000 | 10 SPERRIN CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Feb 2020. Using an estimated price of £153,107 means this house is valued at £2,355 per sq meter (£218 per sq foot).
The average size of a house on LARNE ROAD is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lisburn Close |
| Aug 2024 | Anti-social behaviour | On or near Lisburn Close | |
| Aug 2024 | Anti-social behaviour | On or near Lisburn Close | |
| Aug 2024 | Anti-social behaviour | On or near Lisburn Close | |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Foyle Close |