£225,693
This estimated value is based upon the latest sale price for the house of £182,500 on 15 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £182,500 | 15 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £182,500 results in an estimated price of approximately £225,693.
| 15 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £182,500 | £43,193 | £225,693 |
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 | 145.978 % | £266,410 | £448,910 |
| 3 Month Average | 29.021 % | £52,962 | £235,462 |
| 6 Month Average | 37.772 % | £68,934 | £251,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £159,796 | £157,000 | 17 WHITWORTH WAY |
| 11 Aug 2023 | £90,794 | £90,000 | 11 CEDAR CLOSE |
| 9 Aug 2023 | £146,280 | £145,000 | 89 GORDON FIELD |
| 28 Apr 2023 | £86,936 | £86,000 | 16 CEDAR CLOSE |
| 30 Mar 2023 | £98,427 | £97,500 | 10 CEDAR CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 Jan 2019. Using an estimated price of £225,694 means this house is valued at £1,945 per sq meter (£180 per sq foot).
The average size of a house on WHITWORTH WAY is 79 sq meters (860 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Close |
| Mar 2024 | Anti-social behaviour | On or near Elm Tree Close | |
| Feb 2024 | Anti-social behaviour | On or near Elm Tree Close | |
| Feb 2024 | Anti-social behaviour | On or near Elm Tree Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Tree Close |