£878,547
This estimated value is based upon the latest sale price for the house of £525,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 31 May 2013 |
| £460,000 | 26 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 208 sq meters or 2,247 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 2013 the House Price Index for LINCOLNSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £525,000 results in an estimated price of approximately £878,547.
| 31 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £525,000 | £353,547 | £878,547 |
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 | 108.466 % | £569,443 | £1,094,443 |
| 3 Month Average | 60.117 % | £315,614 | £840,614 |
| 6 Month Average | 91.059 % | £478,060 | £1,003,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £304,093 | £300,000 | 4 WEST END VILLAS |
| 6 Jun 2023 | £379,598 | £375,000 | 15A AUSTIN STREET |
| 20 Sep 2022 | £225,182 | £227,000 | 34 WEST STREET GARDENS |
| 30 May 2022 | £677,771 | £665,000 | THE COACH HOUSE WEST STREET |
| 15 Feb 2022 | £783,375 | £747,000 | THE NEW HOUSE AUSTIN STREET |
This house has a floor area of 208 sq meters or 2,247 sq feet when measured on 16 Mar 2012. Using an estimated price of £878,547 means this house is valued at £4,208 per sq meter (£390 per sq foot).
The average size of a house on RUTLAND TERRACE is 278 sq meters (2,993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Petergate |
| Mar 2024 | Other theft | Under investigation | On or near St Peter'S Street |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road | |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road | |
| Jan 2024 | Anti-social behaviour | On or near Foundry Road |