£488,506
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 29 Sep 2021 |
| £100,000 | 20 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £450,000 results in an estimated price of approximately £488,506.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £450,000 | £38,506 | £488,506 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | -16.128 % | £-72,577 | £377,422 |
| 3 Month Average | 1.020 % | £4,590 | £454,590 |
| 6 Month Average | 1.557 % | £7,008 | £457,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £302,879 | £296,000 | 32 LILBURN DRIVE |
| 16 Jun 2023 | £183,681 | £180,000 | 145 WOOLRAM WYGATE |
| 17 Feb 2023 | £384,096 | £381,530 | 14 CLUMBER DRIVE |
| 7 Jan 2022 | £365,768 | £345,000 | 9 CLUMBER DRIVE |
| 25 Nov 2021 | £283,221 | £259,950 | 3 CLUMBER DRIVE |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 12 Jul 2021. Using an estimated price of £488,506 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on WOOLRAM WYGATE is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Brunswick Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Smithdale Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Smithdale Close |