£76,208
This estimated value is based upon the latest sale price for the house of £35,000 on 5 Dec 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Wormgate
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| Price Paid | Date |
|---|---|
| £35,000 | 5 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 473 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 December 2003 the House Price Index for LINCOLNSHIRE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £35,000 results in an estimated price of approximately £76,208.
| 5 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £35,000 | £41,208 | £76,208 |
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 | 29.994 % | £10,498 | £45,498 |
| 3 Month Average | 58.970 % | £20,639 | £55,639 |
| 6 Month Average | 74.433 % | £26,051 | £61,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £139,883 | £138,000 | 16 TUNNARD STREET |
| 20 Jul 2023 | £96,296 | £95,000 | 4 ST MARKS TERRACE |
| 27 Jun 2023 | £177,146 | £175,000 | 34 WITHAM PLACE |
| 6 Apr 2023 | £108,165 | £107,000 | 3 CHAPEL STREET |
| 31 Mar 2023 | £131,236 | £130,000 | 33 RED LION STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 7 Dec 2009. Using an estimated price of £76,208 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on WORMGATE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wormgate |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Wormgate |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wormgate |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Red Lion Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Red Lion Street |