£284,610
This estimated value is based upon the latest sale price for the house of £195,000 on 28 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 28 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £195,000 results in an estimated price of approximately £284,610.
| 28 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £195,000 | £89,610 | £284,610 |
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 | 107.948 % | £210,499 | £405,499 |
| 3 Month Average | 59.033 % | £115,114 | £310,114 |
| 6 Month Average | 75.363 % | £146,957 | £341,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £283,820 | £280,000 | 50 ARRAN ROAD |
| 1 Aug 2022 | £324,128 | £325,000 | 10 ANGUS CLOSE |
| 15 Jul 2022 | £456,228 | £455,000 | 3 BEECH GROVE |
| 8 Jul 2022 | £300,810 | £300,000 | 9 HAZEL GROVE |
| 10 Nov 2021 | £340,677 | £315,000 | 11 CEDAR ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Feb 2015. Using an estimated price of £284,610 means this house is valued at £3,309 per sq meter (£307 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 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
| Mar 2024 | Other theft | Under investigation | On or near Charlock Drive |
| Mar 2024 | Other theft | Under investigation | On or near Nairn Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Nairn Road |