£257,604
This estimated value is based upon the latest sale price for the house of £148,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Perth Road
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| Price Paid | Date |
|---|---|
| £148,000 | 16 Sep 2011 |
| £156,500 | 5 May 2006 |
| £74,000 | 6 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 836 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 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £148,000 results in an estimated price of approximately £257,604.
| 16 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £148,000 | £109,604 | £257,604 |
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 | 87.205 % | £129,063 | £277,063 |
| 3 Month Average | 80.428 % | £119,034 | £267,034 |
| 6 Month Average | 85.287 % | £126,224 | £274,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £280,000 | £280,000 | 7 MORAY CLOSE |
| 15 Jun 2023 | £265,317 | £260,000 | 56 PERTH ROAD |
| 10 Nov 2022 | £358,324 | £360,000 | 6 MORAY CLOSE |
| 18 Oct 2022 | £338,868 | £340,000 | 16 ABERDEEN CLOSE |
| 1 Aug 2022 | £326,527 | £325,000 | 10 ANGUS CLOSE |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 1 Jul 2010. Using an estimated price of £257,604 means this house is valued at £3,315 per sq meter (£308 per sq foot).
The average size of a house on MORAY CLOSE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Perth Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Gleneagles Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nairn Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nairn Road |