£274,952
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 23 Sep 2019 |
| £250,000 | 18 Jan 2018 |
| £200,000 | 17 Sep 2007 |
| £170,000 | 30 Jun 2004 |
| £118,000 | 11 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £225,000 results in an estimated price of approximately £274,952.
| 23 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £225,000 | £49,952 | £274,952 |
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 | 13.553 % | £30,494 | £255,494 |
| 3 Month Average | 3.241 % | £7,291 | £232,291 |
| 6 Month Average | 25.114 % | £56,505 | £281,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £286,744 | £285,000 | 10 RUTLAND ROAD |
| 9 Jun 2023 | £373,025 | £370,000 | 27 RUTLAND ROAD |
| 4 Apr 2023 | £312,321 | £310,000 | 43 RUTLAND ROAD |
| 27 Mar 2023 | £311,685 | £310,000 | 149 RYHALL ROAD |
| 27 Mar 2023 | £381,261 | £379,200 | 143 RYHALL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Jun 2017. Using an estimated price of £274,952 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on RUTLAND ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Masterton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Masterton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masterton Close |
| Apr 2024 | Public order | Under investigation | On or near Turnpole Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |