£139,582
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Apr 2005. 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 Welbeck Street
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| Price Paid | Date |
|---|---|
| £75,000 | 19 Apr 2005 |
| £66,000 | 8 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2005 the House Price Index for LINCOLNSHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £75,000 results in an estimated price of approximately £139,582.
| 19 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £75,000 | £64,582 | £139,582 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 23.304 % | £17,478 | £92,478 |
| 3 Month Average | 70.147 % | £52,610 | £127,610 |
| 6 Month Average | 67.878 % | £50,908 | £125,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £133,222 | £131,250 | 14 FLORENCE STREET |
| 10 Nov 2023 | £77,142 | £76,000 | 5 ASHFIELD STREET |
| 28 Jul 2023 | £139,883 | £138,000 | 56 CROMWELL STREET |
| 3 Apr 2023 | £101,088 | £100,000 | 1 EASTFIELD STREET |
| 27 Mar 2023 | £113,065 | £112,000 | 167 WINN STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Jun 2021. Using an estimated price of £139,583 means this house is valued at £1,965 per sq meter (£182 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Welbeck Street |
| Jan 2024 | Drugs | Under investigation | On or near Welbeck Street |
| Mar 2024 | Anti-social behaviour | On or near Bentinck Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Winn Street |
| Mar 2024 | Other crime | Under investigation | On or near Winn Street |