£299,399
This estimated value is based upon the latest sale price for the house of £294,000 on 9 Aug 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £294,000 | 9 Aug 2023 |
| £215,000 | 22 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 729 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 2023 the House Price Index for LINCOLNSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £294,000 results in an estimated price of approximately £299,399.
| 9 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £294,000 | £5,399 | £299,399 |
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 | 57.648 % | £169,486 | £463,486 |
| 3 Month Average | 3.741 % | £10,999 | £304,999 |
| 6 Month Average | 3.529 % | £10,374 | £304,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £276,000 | £276,000 | 8 NAIRN ROAD |
| 27 Oct 2023 | £329,483 | £322,000 | 1 MELROSE CLOSE |
| 24 Oct 2023 | £256,833 | £251,000 | 43 NAIRN ROAD |
| 6 Oct 2023 | £399,064 | £390,000 | 91 CAITHNESS ROAD |
| 9 Aug 2023 | £299,400 | £294,000 | 84 CAITHNESS ROAD |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 16 Mar 2011. Using an estimated price of £299,400 means this house is valued at £4,415 per sq meter (£410 per sq foot).
The average size of a house on CAITHNESS ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| Jul 2024 | Anti-social behaviour | On or near Melrose Close | |
| Oct 2024 | Burglary | Under investigation | On or near Perth Road |