£307,287
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Aug 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,284 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 2010 the House Price Index for LINCOLNSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £180,000 results in an estimated price of approximately £307,287.
| 27 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £180,000 | £127,287 | £307,287 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 66.521 % | £119,737 | £299,737 |
| 3 Month Average | 56.494 % | £101,689 | £281,689 |
| 6 Month Average | 57.799 % | £104,037 | £284,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £204,136 | £201,000 | 49 CATHEDRAL DRIVE |
| 17 Oct 2023 | £241,485 | £236,000 | 5 LINCOLN WAY |
| 31 Aug 2023 | £285,143 | £280,000 | 25 SOLENT DRIVE |
| 14 Apr 2023 | £224,193 | £220,000 | 30 WOOLRAM WYGATE |
| 24 Feb 2023 | £233,560 | £232,000 | 50 WOOLRAM WYGATE |
This house has a floor area of 119 sq meters or 1,284 sq feet when measured on 2 Jun 2010. Using an estimated price of £307,288 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on WOOLRAM WYGATE is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Woolram Wygate |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welbeck Drive |
| Jul 2024 | Robbery | Under investigation | On or near Welbeck Drive |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Cathedral Drive |