£392,275
This estimated value is based upon the latest sale price for the house of £220,500 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Westfield Way
More crime details
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| Price Paid | Date |
|---|---|
| £220,500 | 9 Dec 2005 |
| £204,000 | 17 Sep 2004 |
| £96,000 | 25 Jul 1997 |
| Detached |
| Freehold |
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 December 2005 the House Price Index for LINCOLNSHIRE was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £220,500 results in an estimated price of approximately £392,275.
| 9 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £220,500 | £171,775 | £392,275 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | 46.573 % | £102,693 | £323,193 |
| 3 Month Average | 60.532 % | £133,473 | £353,973 |
| 6 Month Average | 71.771 % | £158,255 | £378,755 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Westfield Way |
| Feb 2024 | Burglary | Under investigation | On or near Westfield Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Way |
| Dec 2023 | Vehicle crime | Under investigation | On or near Westfield Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Aquila Way |