£276,274
This estimated value is based upon the latest sale price for the house of £270,000 on 31 Oct 2023. 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 Hunt Close
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| Price Paid | Date |
|---|---|
| £270,000 | 31 Oct 2023 |
| £210,000 | 22 Sep 2015 |
| £155,000 | 28 Nov 2013 |
| £170,000 | 17 May 2006 |
| £140,000 | 21 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 October 2023 the House Price Index for LINCOLNSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £270,000 results in an estimated price of approximately £276,274.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £270,000 | £6,274 | £276,274 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 70.996 % | £191,688 | £461,688 |
| 3 Month Average | -0.439 % | £-1,184 | £268,815 |
| 6 Month Average | 2.207 % | £5,960 | £275,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £226,971 | £225,000 | 27 THE RIDINGS |
| 25 Mar 2024 | £299,603 | £295,000 | 4 HORSESHOE WAY |
| 31 Oct 2023 | £276,275 | £270,000 | 17 WELLS DRIVE |
| 28 Apr 2023 | £259,860 | £255,000 | 8 WETHERBY CLOSE |
| 3 Mar 2023 | £186,108 | £183,000 | 16 WELLS DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 May 2013. Using an estimated price of £276,275 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on WELLS DRIVE is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Hunt Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haydock Way |
| May 2024 | Other crime | Under investigation | On or near Haydock Way |