£258,088
This estimated value is based upon the latest sale price for the house of £45,500 on 26 Jan 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£45,500 | 26 Jan 1996 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 1996 the House Price Index for LINCOLNSHIRE was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £45,500 results in an estimated price of approximately £258,088.
26 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 148.6 | 467.228 % | £45,500 | £212,588 | £258,088 |
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 | 343.480 % | £156,283 | £201,783 |
3 Month Average | 382.644 % | £174,102 | £219,602 |
6 Month Average | 391.035 % | £177,921 | £223,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £232,030 | £230,000 | 11 ROSEMARY CRESCENT |
22 Jun 2023 | £248,004 | £245,000 | 26 WESTSIDE AVENUE |
30 Mar 2022 | £305,697 | £295,000 | 19 WYVILLE ROAD |
9 Aug 2021 | £167,342 | £150,000 | 7 WESTSIDE AVENUE |
30 Jun 2021 | £246,773 | £230,000 | 37 ROSEMARY CRESCENT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Mar 2014. Using an estimated price of £258,089 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on WELWYN CLOSE is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welwyn Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welwyn Close |
Feb 2024 | Drugs | Offender given a caution | On or near Welwyn Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosemary Crescent |
Apr 2024 | Possession of weapons | Under investigation | On or near Westside Avenue |