£427,125
This estimated value is based upon the latest sale price for the house of £289,000 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £289,000 | 6 Feb 2015 |
| £215,000 | 16 Oct 2009 |
| £92,500 | 11 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 February 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £289,000 results in an estimated price of approximately £427,125.
| 6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £289,000 | £138,125 | £427,125 |
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 | 45.254 % | £130,785 | £419,785 |
| 3 Month Average | 40.950 % | £118,344 | £407,344 |
| 6 Month Average | 70.692 % | £204,299 | £493,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £283,820 | £280,000 | 50 ARRAN ROAD |
| 15 Jun 2023 | £263,188 | £260,000 | 56 PERTH ROAD |
| 10 Nov 2022 | £355,692 | £360,000 | 6 MORAY CLOSE |
| 18 Oct 2022 | £336,378 | £340,000 | 16 ABERDEEN CLOSE |
| 1 Aug 2022 | £324,128 | £325,000 | 10 ANGUS CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Jul 2009. Using an estimated price of £427,125 means this house is valued at £4,693 per sq meter (£436 per sq foot).
The average size of a house on ABERDEEN CLOSE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nairn Road |
| Mar 2024 | Other theft | Under investigation | On or near Nairn Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Nairn Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Nairn Road |