£183,132
This estimated value is based upon the latest sale price for the house of £123,000 on 2 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 2 Feb 2015 |
| £105,000 | 10 Mar 2006 |
| £40,500 | 26 Mar 1999 |
| £39,995 | 27 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £123,000 results in an estimated price of approximately £183,132.
| 2 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £123,000 | £60,132 | £183,132 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 36.766 % | £45,222 | £168,222 |
| 3 Month Average | 32.250 % | £39,667 | £162,667 |
| 6 Month Average | 35.901 % | £44,158 | £167,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £203,500 | £203,500 | 20 WEDGEWOOD GROVE |
| 19 Jul 2024 | £225,000 | £225,000 | ASH COTTAGE, 2 GOTHIC CLOSE |
| 23 Apr 2024 | £257,234 | £255,000 | 6 SHERATON CLOSE |
| 29 Sep 2023 | £227,515 | £222,500 | 10 WEDGEWOOD CLOSE |
| 21 Apr 2023 | £300,623 | £295,000 | 41 WINTHORPE GROVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 20 Aug 2014. Using an estimated price of £183,133 means this house is valued at £3,590 per sq meter (£333 per sq foot).
The average size of a house on WEDGEWOOD ROAD is 89 sq meters (964 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Staffordshire Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Staffordshire Crescent | |
| Sep 2024 | Burglary | Under investigation | On or near Sheraton Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Winthorpe Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Metheringham Close |