£196,862
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jul 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 26 Jul 2023 |
| £127,000 | 14 Nov 2003 |
| £57,000 | 23 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2023 the House Price Index for LINCOLNSHIRE was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £195,000 results in an estimated price of approximately £196,862.
| 26 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £195,000 | £1,862 | £196,862 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | -11.037 % | £-21,522 | £173,477 |
| 3 Month Average | -13.049 % | £-25,446 | £169,553 |
| 6 Month Average | -7.668 % | £-14,952 | £180,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £196,862 | £195,000 | 121 WOODTHORPE AVENUE |
| 3 Jul 2023 | £141,337 | £140,000 | 4 PETTIT WAY |
| 9 Jun 2023 | £146,185 | £145,000 | 5 LADDS CLOSE |
| 20 Jan 2023 | £153,650 | £155,000 | 182 WELLINGTON ROAD |
| 20 Jan 2023 | £158,607 | £160,000 | 6 LADDS CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Oct 2013. Using an estimated price of £196,862 means this house is valued at £2,938 per sq meter (£272 per sq foot).
The average size of a house on WOODTHORPE AVENUE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ladds Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladds Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladds Close |
| Apr 2024 | Drugs | Under investigation | On or near Alcorn Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alcorn Green |