£384,871
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Jun 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 Jun 2006 |
| £205,615 | 6 Aug 2004 |
| £139,995 | 13 Sep 2002 |
| £39,000 | 3 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,406 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 2006 the House Price Index for LINCOLNSHIRE was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £220,000 results in an estimated price of approximately £384,871.
| 1 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £220,000 | £164,871 | £384,871 |
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 | 111.408 % | £245,097 | £465,097 |
| 3 Month Average | 87.528 % | £192,560 | £412,560 |
| 6 Month Average | 97.966 % | £215,525 | £435,525 |
| 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 130 sq meters or 1,406 sq feet when measured on 29 Jul 2009. Using an estimated price of £384,871 means this house is valued at £2,945 per sq meter (£273 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 |