£416,742
This estimated value is based upon the latest sale price for the house of £335,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 28 Sep 2018 |
| £250,000 | 31 Jan 2014 |
| £185,000 | 14 Jan 2010 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2018 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £335,000 results in an estimated price of approximately £416,742.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £335,000 | £81,742 | £416,742 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 44.861 % | £150,283 | £485,283 |
| 3 Month Average | 23.544 % | £78,871 | £413,871 |
| 6 Month Average | 18.476 % | £61,894 | £396,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £240,461 | £235,000 | 11 MASTERTON CLOSE |
| 29 Sep 2023 | £265,861 | £260,000 | 51 RUTLAND ROAD |
| 16 Jun 2023 | £290,828 | £285,000 | 4 MASTERTON CLOSE |
| 7 Sep 2022 | £274,816 | £275,000 | 10 MASTERTON CLOSE |
| 26 Aug 2022 | £256,198 | £255,000 | 6 MASTERTON ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 Oct 2013. Using an estimated price of £416,742 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on WOODHEAD CLOSE is 139 sq meters (1,496 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Woodhead Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Armley Grove |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road | |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road | |
| Aug 2024 | Anti-social behaviour | On or near Rutland Road |