£164,647
This estimated value is based upon the latest sale price for the house of £126,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £126,000 | 6 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2017 the House Price Index for LINCOLNSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £126,000 results in an estimated price of approximately £164,647.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £126,000 | £38,647 | £164,647 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 14.468 % | £18,230 | £144,230 |
| 3 Month Average | 11.952 % | £15,059 | £141,059 |
| 6 Month Average | 19.809 % | £24,958 | £150,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £100,488 | £99,000 | 21 FORBES ROAD |
| 14 Apr 2023 | £260,808 | £258,000 | 201 FREISTON ROAD |
| 2 Sep 2022 | £208,268 | £209,950 | 28 HARDIWAY |
| 21 Jun 2022 | £91,290 | £90,000 | 29 ARBELLA ROAD |
| 6 Jun 2022 | £228,225 | £225,000 | 42 LINDIS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 27 Sep 2016. Using an estimated price of £164,648 means this house is valued at £1,598 per sq meter (£148 per sq foot).
The average size of a house on FORBES ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Forbes Road |
| Feb 2024 | Anti-social behaviour | On or near Forbes Road | |
| Feb 2024 | Anti-social behaviour | On or near Forbes Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Dudley Close |
| Dec 2023 | Public order | Under investigation | On or near Dudley Close |