£308,293
This estimated value is based upon the latest sale price for the house of £253,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £253,000 | 17 Feb 2020 |
| £79,000 | 8 Jan 1999 |
| £60,000 | 26 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 February 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £253,000 results in an estimated price of approximately £308,293.
| 17 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £253,000 | £55,293 | £308,293 |
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 | 71.533 % | £180,978 | £433,978 |
| 3 Month Average | 17.616 % | £44,568 | £297,568 |
| 6 Month Average | 27.933 % | £70,669 | £323,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £354,698 | £353,500 | 25 GRESLEY DRIVE |
| 24 Nov 2023 | £268,446 | £265,000 | 11 GARRATT ROAD |
| 18 Aug 2023 | £638,885 | £635,000 | 20 STATION ROAD |
| 27 Apr 2023 | £387,883 | £385,000 | 28 STATION ROAD |
| 1 Aug 2022 | £288,054 | £290,000 | 18 STATION ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 15 Apr 2019. Using an estimated price of £308,293 means this house is valued at £5,505 per sq meter (£511 per sq foot).
The average size of a house on WOTHORPE MEWS is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wothorpe Mews |
| Apr 2024 | Bicycle theft | On or near Stamford (Station) | |
| Mar 2024 | Burglary | Under investigation | On or near Church Lane |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Station Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |