£47,972
This estimated value is based upon the latest sale price for the house of £38,000 on 14 Mar 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Wellington Street
More crime details
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| Price Paid | Date |
|---|---|
| £38,000 | 14 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2018 the House Price Index for LINCOLNSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £38,000 results in an estimated price of approximately £47,972.
| 14 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £38,000 | £9,972 | £47,972 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 12.724 % | £4,835 | £42,835 |
| 3 Month Average | 44.677 % | £16,977 | £54,977 |
| 6 Month Average | 29.206 % | £11,098 | £49,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £112,865 | £110,000 | 5 MARLBOROUGH STREET |
| 18 Aug 2023 | £71,235 | £69,950 | 11 WHEELDON STREET |
| 4 Aug 2023 | £69,249 | £68,000 | 13 ST JOHNS TERRACE |
| 26 Jun 2023 | £86,738 | £85,000 | 23 MARLBOROUGH STREET |
| 21 Jun 2023 | £71,426 | £69,995 | 19 MARLBOROUGH STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Jan 2018. Using an estimated price of £47,973 means this house is valued at £639 per sq meter (£59 per sq foot).
The average size of a house on WELLINGTON STREET is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Street |
| Oct 2024 | Anti-social behaviour | On or near Wellington Street | |
| Oct 2024 | Anti-social behaviour | On or near Wellington Street | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Street |