£182,529
This estimated value is based upon the latest sale price for the house of £179,950 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£179,950 | 24 Jun 2022 |
£135,000 | 12 Oct 2018 |
£87,500 | 17 Nov 2003 |
£56,000 | 22 Oct 2001 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £179,950 results in an estimated price of approximately £182,529.
24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £179,950 | £2,579 | £182,529 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 277.837 % | £499,967 | £679,917 |
3 Month Average | 11.441 % | £20,587 | £200,537 |
6 Month Average | -15.650 % | £-28,162 | £151,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £268,982 | £265,000 | 15 WINCHESTER DRIVE |
11 Aug 2023 | £186,633 | £185,000 | 17 CHURCH LANE |
28 Jun 2023 | £180,183 | £178,000 | 19 CHELTENHAM WAY |
24 Jun 2022 | £182,530 | £179,950 | 16 WINCHESTER DRIVE |
27 May 2022 | £331,241 | £325,000 | 32 WINCHESTER DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 May 2018. Using an estimated price of £182,530 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on WINCHESTER DRIVE is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Winchester Drive |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Lane |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Church Lane |
Jan 2024 | Other crime | Under investigation | On or near Cheltenham Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |