£251,079
This estimated value is based upon the latest sale price for the house of £233,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £233,000 | 24 Sep 2021 |
| £195,250 | 29 May 2019 |
| £172,000 | 13 Oct 2016 |
| Semi-Detached |
| 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £233,000 results in an estimated price of approximately £251,079.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £233,000 | £18,079 | £251,079 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 9.498 % | £22,131 | £255,131 |
| 3 Month Average | 11.929 % | £27,795 | £260,795 |
| 6 Month Average | 6.981 % | £16,264 | £249,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £242,118 | £240,000 | 5 DERBY CLOSE |
| 28 Jul 2023 | £253,360 | £249,950 | 12 BRISTOL CLOSE |
| 17 Feb 2023 | £279,812 | £280,000 | 146 WINCHESTER ROAD |
| 30 Jan 2023 | £251,316 | £252,500 | 128 WINCHESTER ROAD |
| 28 Jun 2022 | £240,904 | £237,500 | 13 WROXALL DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Jun 2016. Using an estimated price of £251,079 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on WINCHESTER ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Albans Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Peterborough Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Helen'S Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Helen'S Close |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near St Helen'S Close |