£333,602
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Oct 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 18 Oct 2016 |
£84,950 | 25 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 2016 the House Price Index for LINCOLNSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £250,000 results in an estimated price of approximately £333,602.
18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £250,000 | £83,602 | £333,602 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | 253.218 % | £633,046 | £883,046 |
3 Month Average | 43.342 % | £108,355 | £358,355 |
6 Month Average | 48.725 % | £121,811 | £371,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £259,989 | £252,000 | 151B WITHAM ROAD |
3 Aug 2023 | £366,612 | £360,000 | 95 WITHAM ROAD |
18 Jul 2022 | £328,289 | £325,000 | 19 WENTWORTH WAY |
15 Jul 2022 | £693,342 | £686,395 | 137 WITHAM ROAD |
9 Jun 2022 | £267,718 | £261,995 | 141B WITHAM ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 9 Jun 2016. Using an estimated price of £333,603 means this house is valued at £2,712 per sq meter (£251 per sq foot).
The average size of a house on WENTWORTH WAY is 118 sq meters (1,278 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
Sep 2024 | Anti-social behaviour | On or near Alexandra Road | |
Sep 2024 | Anti-social behaviour | On or near Alexandra Road | |
Oct 2024 | Public order | Under investigation | On or near Witham Road |