£221,291
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Sep 2020 |
| £172,000 | 3 Jul 2015 |
| £165,000 | 31 Jul 2007 |
| £73,000 | 31 Mar 2000 |
| 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 September 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £185,000 results in an estimated price of approximately £221,291.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £185,000 | £36,291 | £221,291 |
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 | 4.714 % | £8,721 | £193,721 |
| 3 Month Average | 15.216 % | £28,150 | £213,150 |
| 6 Month Average | 21.321 % | £39,443 | £224,443 |
| 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 89 sq meters or 957 sq feet when measured on 12 Jan 2015. Using an estimated price of £221,292 means this house is valued at £2,486 per sq meter (£230 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 | Unable to prosecute suspect | On or near Fairfield Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithdale Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Smithdale Close |