£245,568
This estimated value is based upon the latest sale price for the house of £52,600 on 24 Nov 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,600 | 24 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 1998 the House Price Index for LINCOLNSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £52,600 results in an estimated price of approximately £245,568.
| 24 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £52,600 | £192,968 | £245,568 |
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 | 662.333 % | £348,387 | £400,987 |
| 3 Month Average | 392.272 % | £206,335 | £258,935 |
| 6 Month Average | 387.102 % | £203,615 | £256,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £213,277 | £210,000 | 21 ASH PLACE |
| 1 Aug 2022 | £326,527 | £325,000 | 10 ANGUS CLOSE |
| 15 Jul 2022 | £459,605 | £455,000 | 3 BEECH GROVE |
| 8 Jul 2022 | £303,036 | £300,000 | 9 HAZEL GROVE |
| 10 Nov 2021 | £343,199 | £315,000 | 11 CEDAR ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Jun 2015. Using an estimated price of £245,569 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on ARRAN ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Gardens |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Charlock Drive |
| Jun 2024 | Anti-social behaviour | On or near Nairn Road | |
| Jun 2024 | Anti-social behaviour | On or near Nairn Road | |
| Jun 2024 | Anti-social behaviour | On or near Nairn Road |