£472,300
This estimated value is based upon the latest sale price for the house of £462,500 on 15 May 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £462,500 | 15 May 2024 |
| £280,000 | 2 Dec 2014 |
| £250,000 | 30 May 2012 |
| £94,000 | 20 May 1998 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,447 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 May 2024 the House Price Index for LINCOLNSHIRE was 99.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.119%.Applying this 2.119% change to the original purchase price of £462,500 results in an estimated price of approximately £472,300.
| 15 May 2024 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.1 | 101.2 | 2.119 % | £462,500 | £9,800 | £472,300 |
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 | -8.569 % | £-39,631 | £422,868 |
| 3 Month Average | 6.165 % | £28,511 | £491,011 |
| 6 Month Average | 3.057 % | £14,137 | £476,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Nov 2024 | £270,803 | £270,000 | 27 BIRCH ROAD |
| 15 May 2024 | £472,301 | £462,500 | 86 ARRAN ROAD |
| 17 Nov 2023 | £285,143 | £275,000 | 12 BIRCH ROAD |
| 28 Apr 2023 | £302,266 | £294,500 | 20 BIRCH ROAD |
| 24 Mar 2023 | £256,332 | £250,000 | 2 BIRCH ROAD |
This house has a floor area of 134 sq meters or 1,447 sq feet when measured on 31 Mar 2012. Using an estimated price of £472,301 means this house is valued at £3,511 per sq meter (£326 per sq foot).
The average size of a house on ARRAN ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Fir Road |
| Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Aberdeen Close |
| Jan 2025 | Violence and sexual offences | Awaiting court outcome | On or near Gleneagles Close |
| Jan 2025 | Violence and sexual offences | Awaiting court outcome | On or near Gleneagles Close |
| Jan 2025 | Criminal damage and arson | Awaiting court outcome | On or near Gleneagles Close |