£262,377
This estimated value is based upon the latest sale price for the house of £168,500 on 1 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,500 | 1 Apr 2014 |
| £131,000 | 14 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 834 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £168,500 results in an estimated price of approximately £262,377.
| 1 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £168,500 | £93,877 | £262,377 |
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 | 34.551 % | £58,217 | £226,717 |
| 3 Month Average | 53.591 % | £90,301 | £258,801 |
| 6 Month Average | 47.638 % | £80,270 | £248,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 6 KIRMINGTON CLOSE |
| 31 Jul 2023 | £245,301 | £242,000 | 33 WALTHAM ROAD |
| 31 Jul 2023 | £217,933 | £215,000 | 10 WITCHFORD CLOSE |
| 26 Jun 2023 | £197,391 | £195,000 | 16 WALTHAM ROAD |
| 5 Aug 2022 | £174,530 | £175,000 | 11 CHEDBURGH CLOSE |
This house has a floor area of 77 sq meters or 834 sq feet when measured on 18 Feb 2010. Using an estimated price of £262,378 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on WITCHFORD ROAD is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Graveley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lydd Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langer Close |
| Jan 2024 | Other crime | Under investigation | On or near Leconfield Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Waltham Road |