£370,703
This estimated value is based upon the latest sale price for the house of £243,000 on 19 Aug 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £243,000 | 19 Aug 2014 |
| £145,000 | 10 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 945 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 August 2014 the House Price Index for LINCOLNSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £243,000 results in an estimated price of approximately £370,703.
| 19 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £243,000 | £127,703 | £370,703 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 67.479 % | £163,973 | £406,973 |
| 3 Month Average | 60.644 % | £147,364 | £390,364 |
| 6 Month Average | 60.948 % | £148,104 | £391,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £500,000 | £500,000 | 31 CHERRYHOLT ROAD |
| 16 May 2024 | £416,000 | £416,000 | 2 WOODSIDE BARNACK ROAD |
| 21 Mar 2024 | £213,277 | £210,000 | 3 WELLAND MEWS |
| 14 Mar 2024 | £142,185 | £140,000 | 25 WELLAND MEWS |
| 8 Sep 2023 | £179,967 | £176,000 | 26 WELLAND MEWS |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 6 Jul 2011. Using an estimated price of £370,703 means this house is valued at £4,221 per sq meter (£392 per sq foot).
The average size of a house on BARNACK ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Abbott'S Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbott'S Close |
| Sep 2024 | Anti-social behaviour | On or near Abbott'S Close | |
| Sep 2024 | Anti-social behaviour | On or near Abbott'S Close | |
| Aug 2024 | Anti-social behaviour | On or near Abbott'S Close |