£295,295
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Mar 2019 |
| £159,950 | 8 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £240,000 results in an estimated price of approximately £295,295.
| 1 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £240,000 | £55,295 | £295,295 |
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 | 53.002 % | £127,203 | £367,203 |
| 3 Month Average | 16.076 % | £38,582 | £278,582 |
| 6 Month Average | 30.241 % | £72,578 | £312,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £262,125 | £260,000 | 56 PERTH ROAD |
| 6 Feb 2023 | £308,541 | £310,000 | 1 BRAEMAR CLOSE |
| 6 Jan 2023 | £262,693 | £265,000 | 25 GARDEN CLOSE |
| 10 Nov 2022 | £354,255 | £360,000 | 6 MORAY CLOSE |
| 18 Oct 2022 | £335,020 | £340,000 | 16 ABERDEEN CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 May 2018. Using an estimated price of £295,296 means this house is valued at £2,785 per sq meter (£258 per sq foot).
The average size of a house on PERTH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Mar 2024 | Other theft | Under investigation | On or near Nairn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Troon Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Barnes Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Barnes Court |