£858,971
This estimated value is based upon the latest sale price for the house of £163,000 on 21 Apr 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 21 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 306 sq meters or 3,293 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 April 1997 the House Price Index for LINCOLNSHIRE was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £163,000 results in an estimated price of approximately £858,971.
| 21 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £163,000 | £695,971 | £858,971 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 471.602 % | £768,710 | £931,710 |
| 3 Month Average | 448.228 % | £730,611 | £893,611 |
| 6 Month Average | 409.021 % | £666,704 | £829,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £121,051 | £120,000 | 18 SIDNEY STREET |
| 20 Dec 2023 | £127,931 | £124,000 | 86 NEW STREET |
| 13 Dec 2023 | £149,597 | £145,000 | 49 SIDNEY STREET |
| 14 Aug 2023 | £113,548 | £111,500 | 14 NEW STREET |
| 7 Sep 2022 | £123,917 | £124,000 | 10 SIDNEY STREET |
This house has a floor area of 306 sq meters or 3,293 sq feet when measured on 12 Feb 2014. Using an estimated price of £858,971 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on WELBY GARDENS is 198 sq meters (2,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Welby Gardens | |
| Oct 2024 | Other theft | Under investigation | On or near Sidney Street |
| Sep 2024 | Anti-social behaviour | On or near Sidney Street | |
| Sep 2024 | Anti-social behaviour | On or near Sidney Street | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sidney Street |