£410,948
This estimated value is based upon the latest sale price for the house of £273,500 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Wellsyke Lane
More crime details
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| Price Paid | Date |
|---|---|
| £273,500 | 18 Dec 2014 |
| Detached |
| Freehold |
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 December 2014 the House Price Index for LINCOLNSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £273,500 results in an estimated price of approximately £410,948.
| 18 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £273,500 | £137,448 | £410,948 |
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 | 230.589 % | £630,660 | £904,160 |
| 3 Month Average | 45.932 % | £125,624 | £399,124 |
| 6 Month Average | 36.624 % | £100,166 | £373,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £690,611 | £680,000 | 94 HORNCASTLE ROAD |
| 12 Dec 2023 | £389,468 | £377,500 | 1 MILL GARTH |
| 30 Oct 2023 | £337,669 | £330,000 | 9 MILL CLOSE |
| 20 Feb 2023 | £75,504 | £75,000 | 19 MILL CLOSE |
| 6 Dec 2021 | £215,862 | £200,000 | 90 HORNCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellsyke Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sandy Lane |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellsyke Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellsyke Lane |