£265,860
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 29 Sep 2023 |
| £155,000 | 21 Nov 2012 |
| £65,000 | 20 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £260,000 results in an estimated price of approximately £265,860.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £260,000 | £5,860 | £265,860 |
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 | 52.962 % | £137,702 | £397,702 |
| 3 Month Average | 1.418 % | £3,685 | £263,685 |
| 6 Month Average | 2.125 % | £5,525 | £265,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £265,861 | £260,000 | 51 RUTLAND ROAD |
| 29 Aug 2023 | £290,235 | £285,000 | 10 RUTLAND ROAD |
| 9 Jun 2023 | £377,566 | £370,000 | 27 RUTLAND ROAD |
| 4 Apr 2023 | £315,909 | £310,000 | 43 RUTLAND ROAD |
| 27 Mar 2023 | £315,265 | £310,000 | 149 RYHALL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 May 2012. Using an estimated price of £265,861 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on RUTLAND ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Rutland Road | |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road | |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road | |
| Oct 2024 | Robbery | Under investigation | On or near Woodhead Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Armley Grove |