£232,083
This estimated value is based upon the latest sale price for the house of £190,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 15 Nov 2019 |
| £165,000 | 9 Jan 2014 |
| 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 November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £190,000 results in an estimated price of approximately £232,083.
| 15 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £190,000 | £42,083 | £232,083 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | -14.893 % | £-28,296 | £161,703 |
| 3 Month Average | 1.468 % | £2,789 | £192,789 |
| 6 Month Average | 10.604 % | £20,147 | £210,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £213,238 | £210,500 | 7 WIGSLEY CLOSE |
| 21 Jul 2023 | £282,674 | £280,000 | 29 FINNINGLEY ROAD |
| 31 Mar 2022 | £247,699 | £240,000 | 28 LINDHOLME ROAD |
| 25 Mar 2022 | £216,736 | £210,000 | 21 WIGSLEY ROAD |
| 5 Nov 2021 | £258,515 | £240,000 | 31 FINNINGLEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Mar 2013. Using an estimated price of £232,084 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on WIGSLEY ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottesmore Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottesmore Road |