£185,796
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Sep 2015 |
| £164,000 | 6 Sep 2013 |
| £74,000 | 28 Apr 2000 |
| £65,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2015 the House Price Index for LINCOLNSHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £130,000 results in an estimated price of approximately £185,796.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £130,000 | £55,796 | £185,796 |
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 | 53.328 % | £69,326 | £199,326 |
| 3 Month Average | 38.674 % | £50,275 | £180,275 |
| 6 Month Average | 46.620 % | £60,606 | £190,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £280,000 | £280,000 | 7 MORAY CLOSE |
| 3 May 2024 | £276,000 | £276,000 | 8 NAIRN ROAD |
| 22 Apr 2024 | £327,847 | £325,000 | 39 ARRAN ROAD |
| 24 Oct 2023 | £256,833 | £251,000 | 43 NAIRN ROAD |
| 9 Oct 2023 | £158,602 | £155,000 | 11 ARRAN ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 22 May 2013. Using an estimated price of £185,797 means this house is valued at £2,041 per sq meter (£189 per sq foot).
The average size of a house on GARDEN CLOSE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Aug 2024 | Anti-social behaviour | On or near Nairn Road | |
| Aug 2024 | Anti-social behaviour | On or near Nairn Road |