£349,717
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 15 Mar 2022 |
| £215,000 | 15 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £335,000 results in an estimated price of approximately £349,717.
| 15 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £335,000 | £14,717 | £349,717 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 10.060 % | £33,702 | £368,702 |
| 3 Month Average | 18.288 % | £61,265 | £396,265 |
| 6 Month Average | 11.853 % | £39,706 | £374,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £166,445 | £165,000 | 24 ROCHESTER DRIVE |
| 1 Sep 2023 | £311,875 | £305,000 | 26 PORTSMOUTH CLOSE |
| 25 Aug 2023 | £285,143 | £280,000 | 44 WINCHESTER ROAD |
| 27 Jun 2023 | £316,339 | £310,000 | 47 WINCHESTER ROAD |
| 15 Jun 2023 | £280,624 | £275,000 | 8 PORTSMOUTH CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Dec 2021. Using an estimated price of £349,718 means this house is valued at £3,428 per sq meter (£318 per sq foot).
The average size of a house on WINCHESTER ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Robertson Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Lichfield Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Truro Close |
| Oct 2024 | Anti-social behaviour | On or near Chelmsford Drive | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Camarthen Close |