£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 22 Nov 2019 |
£189,950 | 24 Jun 2014 |
£155,000 | 7 Jul 2009 |
£201,000 | 4 May 2006 |
£69,400 | 6 Mar 1997 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
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 | 2.063 % | £5,156 | £255,156 |
3 Month Average | 26.113 % | £65,281 | £315,281 |
6 Month Average | 18.735 % | £46,838 | £296,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £248,823 | £245,000 | 6 ASTER CLOSE |
24 Aug 2023 | £224,041 | £220,000 | 17 MARIGOLD CLOSE |
22 Jun 2023 | £209,192 | £205,000 | 37 LUPIN ROAD |
19 Aug 2022 | £291,362 | £290,000 | 8 MARIGOLD CLOSE |
27 Jun 2022 | £613,106 | £600,000 | OAK HOUSE SHERIDAN CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 15 Jan 2019. Using an estimated price of £308,881 means this house is valued at £3,721 per sq meter (£345 per sq foot).
The average size of a house on WOODRUSH ROAD is 76 sq meters (818 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodrush Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Woodrush Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodrush Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Woodrush Road |
Jul 2024 | Shoplifting | Under investigation | On or near Woodrush Road |