£309,915
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 18 Aug 2017 |
| £177,500 | 31 Oct 2013 |
| £89,000 | 8 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2017 the House Price Index for LINCOLNSHIRE was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £245,000 results in an estimated price of approximately £309,915.
| 18 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £245,000 | £64,915 | £309,915 |
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 | -15.188 % | £-37,209 | £207,790 |
| 3 Month Average | 16.889 % | £41,378 | £286,378 |
| 6 Month Average | 26.401 % | £64,681 | £309,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £250,797 | £249,950 | 250 WOLSEY WAY |
| 15 Aug 2023 | £321,958 | £320,000 | 7 WESTHOLM CLOSE |
| 21 Jun 2023 | £241,962 | £240,000 | 1 ARABIS CLOSE |
| 16 Jun 2023 | £201,635 | £200,000 | 4 WINDERMERE ROAD |
| 14 Apr 2023 | £256,909 | £255,000 | 5 WESTHOLM CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Nov 2013. Using an estimated price of £309,915 means this house is valued at £3,562 per sq meter (£330 per sq foot).
The average size of a house on CHATSWORTH CLOSE is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Chatsworth Close |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close |