£377,449
This estimated value is based upon the latest sale price for the house of £295,000 on 8 Aug 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 8 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2017 the House Price Index for LINCOLNSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £295,000 results in an estimated price of approximately £377,449.
| 8 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £295,000 | £82,449 | £377,449 |
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 | 85.741 % | £252,936 | £547,936 |
| 3 Month Average | 19.879 % | £58,642 | £353,642 |
| 6 Month Average | 24.475 % | £72,201 | £367,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £280,000 | £280,000 | 7 MORAY CLOSE |
| 9 Aug 2023 | £299,400 | £294,000 | 84 CAITHNESS ROAD |
| 15 Jun 2023 | £265,317 | £260,000 | 56 PERTH ROAD |
| 6 Feb 2023 | £312,085 | £310,000 | 1 BRAEMAR CLOSE |
| 10 Nov 2022 | £358,324 | £360,000 | 6 MORAY CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 May 2017. Using an estimated price of £377,450 means this house is valued at £5,633 per sq meter (£523 per sq foot).
The average size of a house on PERTH ROAD is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| 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 | |
| Jun 2024 | Anti-social behaviour | On or near Nairn Road |