£147,701
This estimated value is based upon the latest sale price for the house of £116,300 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,300 | 3 Nov 2017 |
| £97,500 | 1 Sep 2014 |
| £87,000 | 27 Aug 2004 |
| £31,500 | 31 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £116,300 results in an estimated price of approximately £147,701.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £116,300 | £31,401 | £147,701 |
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 | -23.098 % | £-26,862 | £89,437 |
| 3 Month Average | 8.860 % | £10,304 | £126,604 |
| 6 Month Average | 15.160 % | £17,631 | £133,931 |
| 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 57 sq meters or 613 sq feet when measured on 14 Oct 2014. Using an estimated price of £147,701 means this house is valued at £2,591 per sq meter (£240 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 |