£258,490
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Aug 2021 |
| £149,500 | 31 Jul 2012 |
| £160,000 | 8 Feb 2007 |
| £53,000 | 12 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 848 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £230,000 results in an estimated price of approximately £258,490.
| 23 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £230,000 | £28,490 | £258,490 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -7.794 % | £-17,926 | £212,073 |
| 3 Month Average | 1.597 % | £3,672 | £233,672 |
| 6 Month Average | 2.101 % | £4,831 | £234,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £448,082 | £440,000 | 34 GREETWELL GATE |
| 1 Jun 2023 | £392,873 | £385,000 | 37 GREETWELL GATE |
| 8 Mar 2023 | £156,107 | £153,500 | 10 THE CLOISTERS |
| 12 Aug 2022 | £251,174 | £250,000 | 1 THE CLOISTERS |
| 11 Jul 2022 | £232,328 | £230,000 | 20 THE CLOISTERS |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 26 Aug 2011. Using an estimated price of £258,491 means this house is valued at £3,280 per sq meter (£304 per sq foot).
The average size of a house on WINNOWSTY LANE is 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wainwell Mews |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wainwell Mews |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wainwell Mews |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Wainwell Mews |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Winnowsty Lane |