£200,830
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 2 Sep 2021 |
| £191,800 | 6 Aug 2019 |
| £112,000 | 29 Mar 2011 |
| £77,000 | 28 Sep 2001 |
| £68,000 | 22 Mar 2000 |
| £44,000 | 30 Aug 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 53 sq meters or 573 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £185,000 results in an estimated price of approximately £200,830.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £185,000 | £15,830 | £200,830 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | -10.211 % | £-18,889 | £166,110 |
| 3 Month Average | 4.463 % | £8,257 | £193,257 |
| 6 Month Average | -5.628 % | £-10,411 | £174,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £213,277 | £210,000 | 3 WELLAND MEWS |
| 14 Mar 2024 | £142,185 | £140,000 | 25 WELLAND MEWS |
| 9 Nov 2023 | £164,167 | £160,000 | 11 BELTON STREET |
| 8 Sep 2023 | £179,967 | £176,000 | 26 WELLAND MEWS |
| 29 Aug 2023 | £264,775 | £260,000 | 8 BELTON GARDENS |
This house has a floor area of 53 sq meters or 573 sq feet when measured on 23 Oct 2010. Using an estimated price of £200,830 means this house is valued at £3,767 per sq meter (£349 per sq foot).
The average size of a house on WELLAND MEWS is 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brownlow Quay |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brownlow Quay |
| Aug 2024 | Anti-social behaviour | On or near Anseres Place | |
| Aug 2024 | Anti-social behaviour | On or near Anseres Place | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Phillips Court |