£367,587
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 14 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £295,000 results in an estimated price of approximately £367,587.
| 14 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £295,000 | £72,587 | £367,587 |
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 | 37.567 % | £110,822 | £405,822 |
| 3 Month Average | 17.969 % | £53,008 | £348,008 |
| 6 Month Average | 21.248 % | £62,680 | £357,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £265,861 | £260,000 | 51 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 |
| 27 Mar 2023 | £385,640 | £379,200 | 143 RYHALL ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 1 May 2018. Using an estimated price of £367,588 means this house is valued at £3,435 per sq meter (£319 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Losecoat Close |
| Jul 2024 | Robbery | Under investigation | On or near Losecoat Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Armley Grove |
| Oct 2024 | Robbery | Under investigation | On or near Woodhead Close |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road |