£226,228
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 7 Oct 2014 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2014 the House Price Index for LINCOLNSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £150,000 results in an estimated price of approximately £226,228.
7 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £150,000 | £76,228 | £226,228 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 94.384 % | £141,576 | £291,576 |
3 Month Average | 78.165 % | £117,247 | £267,247 |
6 Month Average | 53.341 % | £80,011 | £230,011 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £275,095 | £269,950 | 169 WINCHESTER ROAD |
8 Mar 2023 | £213,567 | £210,000 | 15 NEWPORT AVENUE |
17 Feb 2023 | £281,883 | £280,000 | 146 WINCHESTER ROAD |
30 Jan 2023 | £253,176 | £252,500 | 128 WINCHESTER ROAD |
20 Apr 2022 | £254,168 | £245,000 | 5 BRISTOL CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Apr 2014. Using an estimated price of £226,228 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on WINCHESTER ROAD is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bristol Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wroxall Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wroxall Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wroxall Drive |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wroxall Drive |